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Daily Pivots: (S1) 0.8926 (P) 0.8983; (R1) 0.9016; More…. USD/CHF’s fall from 0.9223 resumed by breaking through 0.8987 support and intraday bias stays on the downside. Next target is 100% projection of 0.9223 to 0.8987 from 0.9157 at 0.8921, and then 0.8883 fibonacci level. On the upside, above 0.9001 minor resistance will turn intraday bias […]

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GBP/JPY Daily Outlook

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05/03/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 150.05; (P) 150.31; (R1) 150.78; More… USD/JPY is still bounded in consolidation from 150.87 and intraday bias remains neutral at this point. On the upside, break of 150.87 will resume the rise from 140.25 to 151.89/93 key resistance zone. On the other hand, considering bearish divergence condition in 4H MACD, firm break […]
29/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0660; (P) 1.0707; (R1) 1.0739; More… Intraday bias in EUR/USD remains neutral for the moment. On the upside, above 1.0752 will resume the rebound to 55 D EMA (now at 1.0780). On the downside, break of 1.0673 minor support will turn intraday bias to the downside for retesting 1.0601 low. In the […]
14/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3655; (P) 1.3673; (R1) 1.3684; More… Intraday bias in USD/CAD stays neutral and outlook is unchanged. On the upside, break of 1.3761 resistance will argue that correction from 1.3845 has already completed. Intraday bias will be back to the upside to resume larger rally from 1.3176 through 1.3845. However, sustained trading below […]