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Daily Pivots: (S1) 152.68; (P) 154.33; (R1) 155.56; More… Intraday bias in USD/JPY is turned neutral first with current recovery, and some consolidations would be seen above 151.93 temporary low. But risk will remain on the downside as long as 155.36 support turned resistance holds. Decisive break of 151.89 resistance turned support will argue that […]

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30/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2673; (P) 1.2727; (R1) 1.2754; More… GBP/USD is staying in range of 1.2670/2799 and intraday bias remains neutral. Some more consolidations could be seen but further rise is expected as long as 1.2670 support holds. Above 1.2799 will resume the rally from 1.2298 and target 1.2892 resistance. However, break of 1.2670 will […]
06/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3487; (P) 1.3515; (R1) 1.3570; More… Intraday bias in USD/CAD stays neutral for the moment. On the upside, break of 1.3540 will resume the rise from 1.3176. That will also revive that case that whole fall from 1.3897 has completed, and target this resistance. Nevertheless, firm break of 1.3357 support will argue […]
30/11/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8712; (P) 0.8748; (R1) 0.8775; More…. Intraday bias in USD/CHF remains on the downside for the moment. Current fall from 0.92434 should target 161.8% projection of 0.9243 to 0.8886 from 0.9111 at 0.8533, which is close to 0.8551 low. On the upside, above 0.8782 minor resistance will turn intraday bias neutral and […]