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Daily Pivots: (S1) 1.3659; (P) 1.3700; (R1) 1.3736; More…. USD/CAD is still stuck in range after failing to break through 1.3742 resistance. Intraday bias remains neutral for the moment and outlook is unchanged. On the upside, break of 1.3742 resistance will revive the case that correction from 1.3845 has completed at 1.3589. Intraday bias will […]

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GBP/JPY Daily Outlook

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01/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9765; (P) 0.9791; (R1) 0.9833; More… Intraday bias in EUR/CHF is back on the upside with break of 0.9800 temporary top. Retest of 0.9847 resistance should be seen. Firm break there will resume larger rise from 0.9252 to 61.8% projection of 0.9252 to 0.9847 from 0.9563 at 0.9931 next. Further rally is […]
22/06/2024

GBP/JPY Weekly Outlook

GBP/JPY’s up trend resumed after brief retreat and hit as high as 202.01. Initial bias is now on the upside this week for 61.8% projection of 191.34 to 200.72 from 197.18 at 202.97. Firm break there will pave the way to 100% projection at 206.56 next. on the downside, below 200.46 minor support will turn […]
20/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.54; (P) 161.77; (R1) 162.05; More… EUR/JPY’s rally is in progress even though upside momentum is not too convincing. Intraday bias stays on the upside. Rise from 153.15 should target a retest on 164.29 high. On the downside, however, below 161.46 minor support will turn intraday bias neutral first. In the bigger […]