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Daily Pivots: (S1) 152.96; (P) 153.85; (R1) 154.59; More… Intraday bias in USD/JPY remains neutral for consolidation above 151.93. Further decline is expected as long as 155.36 support turned resistance holds. On the downside, decisive break of 151.89 resistance turned support will argue that large scale correction is underway to 148.66 fibonacci level. Nevertheless, break […]

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USD/JPY Mid-Day Outlook

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18/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8443; (P) 0.8460; (R1) 0.8490; More… USD/CHF is still bounded in sideway trading and intraday bias stays neutral. With 0.8548 resistance intact, further decline is still expected. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. […]
24/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0656; (P) 1.0684; (R1) 1.0729; More… Outlook in EUR/USD is unchanged and intraday bias stays neutral first. Strong resistance should be seen from 1.0723 to complete the corrective rise from 1.0601. Break of 1.0601 will resume the fall from 1.1138 to 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536 next. […]
16/01/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6638; (P) 0.6672; (R1) 0.6693; More… AUD/USD’s decline from 0.6870 resumed by breaking through 0.6639 support. Intraday bias is back on the downside. Deeper fall should be seen to 61.8% retracement of 0.6269 to 0.6870 at 0.6497 next. On the upside, break of 0.6728 is needed to indicate completion of the decline. […]