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Daily Pivots: (S1) 152.16; (P) 153.44; (R1) 154.17; More… Intraday bias in USD/JPY remains neutral at this point, and some more consolidations would be seen below 154.70 temporary top. Further rally is expected as long as 151.27 support holds. On the upside, break of 154.70 will resume the rally from 139.57 to 61.8% projection of […]

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14/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3453; (P) 1.3476; (R1) 1.3494; More… No change in USD/CAD’s outlook and intraday bias stays neutral. On the downside, break of 1.3419 and sustained trading below 1.3439 support will argue that rebound from 1.3176 has completed as a corrective move to 1.3605. Near term outlook will be turned bearish for 1.3357 support […]
09/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6573; (P) 0.6592; (R1) 0.6623; More…. Intraday bias in AUD/USD remains neutral first. On the upside, break of 0.6618 resistance will affirm the case that rise from 0.6480 is the third leg of the pattern from 0.6442 low. Intraday bias will be back on the upside for 0.6666 resistance, and then 100% […]
31/08/2024

GBP/JPY Weekly Outlook

No change in GBP/JPY’s outlook as sideway trading continued below 191.99 last week. Initial bias stays neutral this week first. On the upside, above 191.99 will target 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, however, firm break of 187.84 support will […]