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Daily Pivots: (S1) 0.8441; (P) 0.8494; (R1) 0.8544; More… Range trading continues in USD/CHF and intraday bias stays neutral at this point. Further decline is expected with 0.8548 resistance intact. 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. […]

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USD/JPY Daily Outlook

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19/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0879; (P) 1.0911; (R1) 1.0928; More…. Intraday bias in EUR/USD remains neutral for consolidations below 1.0947 temporary top. Downside of retreat should be contained by 1.0871 support to bring another rally. On the upside, break of 1.0947 will resume the rise from 1.0601 and target 100% projection of 1.0601 to 1.0915 from […]
05/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3397; (P) 1.3436; (R1) 1.3507; More… Intraday bias in USD/CAD remains neutral at this point. 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. Nevertheless, firm break of 1.3342 support will argue that rebound from 1.3176 […]
09/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 185.77; (P) 187.58; (R1) 188.65; More… Intraday bias in GBP/JPY remains on the downside for the moment. Fall from 193.45 is in progress for retest 180.00 low first. Break there will resume whole fall from 208.09. On the upside, above 189.76 minor resistance will turn intraday bias neutral. In the bigger picture, […]