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Daily Pivots: (S1) 1.3814; (P) 1.3839; (R1) 1.3861; More… Rise from 1.3418 is still in progress in USD/CAD despite loss of upside moment as seen in 4H MACD. Next target is 1.3946/76 key resistance zone. Strong resistance might be seen there to limit upside. However, break of 1.3746 support will confirm short term topping, and […]

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USD/CAD Mid-Day Outlook

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EUR/USD Daily Outlook

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06/09/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8419; (P) 0.8455; (R1) 0.8476; More… Intraday bias in USD/CHF remains neutral for the moment as consolidation continues above 0.8399. With 0.8540 resistance intact, further decline is expected. On the downside, break of 0.8339 will resume the fall from 0.9223 and target 0.8332 low. However, considering bullish convergence condition in 4H MACD, […]
14/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.84; (P) 156.61; (R1) 157.49; More… Intraday bias in USD/JPY stays on the upside at this point. Choppy rise from 151.86 would continue to retest 160.20 high but strong resistance could be seen there to limit upside. On the downside, below 156.57 minor support will turn intraday bias neutral first. In the […]
15/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9496; (P) 0.9521; (R1) 0.9521; More…. EUR/CHF’s rebound from 0.9209 short term bottom is still in progress. Intraday bias stays on the upside for 55 D EMA (now at 0.9592). On the downside, below 0.9423 minor support will turn intraday bias neutral first. In the bigger picture, medium term corrective pattern from […]