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Daily Pivots: (S1) 151.13; (P) 151.35; (R1) 151.64; More… Outlook in USD/JPY remains unchanged at consolidation from 151.82 is still extending. Intraday bias stays neutral at this point. Further rally is expected as long as 150.25 support holds. On the upside, decisive break of 151.93 key resistance will confirm long term up trend resumption. Next […]

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20/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.88; (P) 162.04; (R1) 163.67; More… EUR/JPY recovered after drawing support from 160.57, but stays below 163.86 resistance. Intraday bias remains neutral at this point. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On […]
17/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9482; (P) 0.9555; (R1) 0.9599; More…. Intraday bias in EUR/CHF remains on the downside for the moment. Sustained trading below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 will raise the chance of long term down trend resumption, and target 0.9252 low next. On the upside, above 0.9604 minor resistance will turn […]
30/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9116; (P) 0.9130; (R1) 0.9147; More…. Intraday bias in USD/CHF remains neutral and further rise is in favor with 0.9077 minor support intact. On the upside, above 0.9157 will bring retest of 0.9223. However, on the downside, break of 0.9077 will suggest that rebound from 0.8987 has completed. Intraday bias will be […]