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Daily Pivots: (S1) 0.9717; (P) 0.9734; (R1) 0.9760; More…. Intraday bias in EUR/CHF remains neutral as consolidation continues below 0.9753. Another dip cannot be ruled out yet, but further rally is expected with 0.9639 support intact. On the upside, above 0.9754 will resume the rebound from 0.9476 to retest 0.9928 high. Nevertheless, break of 0.9639 […]

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USD/JPY Daily Outlook

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12/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.49; (P) 160.44; (R1) 161.05; More… Intraday bias in EUR/JPY stays neutral for the moment. While recovery from 154.40 might extending, outlook will remain bearish as long as 38.2% retracement of 175.41 to 154.40 at 162.42 holds. On the downside, below 157.71 minor support will bring retest of 154.40 first. Break there […]
20/02/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.93; (P) 150.09; (R1) 150.30; More… Intraday bias in USD/JPY remains neutral as consolidation from 150.87 is still extending. In case of another retreat, downside should be contained by 148.79 resistance turned support to bring another rally. Above 150.87 will resume the rise from 140.25 to 151.89/93 key resistance zone. Decisive break […]
02/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3381; (P) 1.3413; (R1) 1.3468; More… USD/CAD recovered after dipping to 1.3357 and intraday bias is turned neutral. On the downside, firm break of 1.3342 support will argue that rebound from 1.3176 has completed at 1.3540, and target this low for resuming whole fall from 1.3897. On the upside, however, break of […]