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Daily Pivots: (S1) 1.3557; (P) 1.3590; (R1) 1.3639; More… Intraday bias in USD/CAD remains neutral for the moment. On the downside, break of 1.3545 minor support will suggest that recovery from 1.3439 has completed, and turn bias to the downside for retesting this low. Nevertheless, decisive break of 38.2% retracement of 1.3946 to 1.3439 at […]

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27/01/2024

AUD/USD Weekly Report

AUD/USD stayed in consolidation above 0.6524 last week and outlook is unchanged. Initial bias remains neutral this week and further fall is expected. On the downside, firm break of 0.6524 support will argue that whole rebound from 0.6269 has completed, and bring deeper fall to this support. On the upside, break of 0.6639 will turn […]
07/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9405; (P) 0.9427; (R1) 0.9437; More… Intraday bias in EUR/CHF stays on the downside with focus on 0.9407 low. Decisive break there will confirm resumption of larger down trend. On the upside, above 0.9467 minor resistance will delay the bearish case and turn intraday bias neutral for consolidation first. In the bigger […]
12/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 145.12; (P) 145.85; (R1) 146.89; More… Intraday bias in USD/JPY is turned neutral first with current retreat. Break of 144.80 minor support will suggest that rebound from 141.59 has completed at 146.58, after rejection by 55 4H EMA. Intraday bias will then be back on the downside for retesting 141.59 low. Overall […]