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Daily Pivots: (S1) 1.0893; (P) 1.0951; (R1) 1.1009; More….. Intraday bias in EUR/USD is turned neutral with break of 1.0932 minor support. Some consolidations would be seen below 1.1007 first. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. On the upside, break of 1.1007 will resume recent rally […]

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USD/JPY Mid-Day Outlook

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21/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 158.25; (P) 158.59; (R1) 159.28; More… Intraday bias in USD/JPY remains on the upside for the moment. Rise from 151.86 is in progress for 160.20 high, or possibly to 100% projection of 151.86 to 157.70 from 154.53 at 160.37. But upside should be limited there, at least on first attempt. On the […]
20/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3695; (P) 1.3710; (R1) 1.3723; More… USD/CAD is still bounded in sideway trading and intraday bias stays neutral at this point. Corrective fall from 1.3845 should have completed already. Further rally is expected as long as 1.3662 support holds. Break of 1.3790 will target a retest on 1.3845 first. Nevertheless, break of […]
30/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3824; (P) 1.3845; (R1) 1.3872; More… USD/CAD’s breach of 1.3858 suggests that rise from 1.3176 is resuming. Intraday bias is back on the upside. Next target is 61.8% projection of 1.3176 to 1.3845 from 1.3588 at 1.4025. On the downside, below 1.3796 minor support will delay the bullish case and turn intraday […]