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Daily Pivots: (S1) 1.3545; (P) 1.3567; (R1) 1.3593; More… Intraday bias in USD/CAD remains neutral as range trading continues. On the downside, break of 1.3532 will argue that corrective recovery from 1.3439 has already completed, and bring retest of this low. Nevertheless, firm break of 1.3646 will bring stronger rebound to 61.8% retracement of 1.3946 […]

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USD/JPY Daily Outlook

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EUR/USD Mid-Day Outlook

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02/02/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 147.16; (P) 147.54; (R1) 147.99; More… USD/JPY is still holding above 145.97 resistance turned support. Intraday bias stays neutral at this point, and further rally is still in favor. As noted before, corrective fall from 151.89 should have completed at 140.25 already. Break of 148.79 will resume the rise from there for […]
16/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2421; (P) 1.2460; (R1) 1.2484; More… Intraday bias in GBP/USD stays neutral first and more consolidations could be seen. But recovery recovery should be limited by 1.2577 minor resistance to bring another fall. On the downside, firm break of 1.2419 will resume the decline from 1.2892 to 100% projection of 1.2892 to […]
07/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9672; (P) 0.9697; (R1) 0.9709; More…. No change in EUR/CHF’s outlook and intraday bias remains neutral at this point. On the upside, break of 0.9740 minor resistance will argue that pull back from 0.9928 has completed after hitting 38.2% retracement of 0.9252 to 0.9928 at 0.9670. Intraday bias will be back on […]