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Daily Pivots: (S1) 1.3973; (P) 1.4010; (R1) 1.4038; More… Intraday bias in USD/CAD remains neutral as range trading continues. Further rally is expected with 1.3930 support intact. On the upside, firm break of 1.4177 will resume larger up trend towards 1.4391 projection level. However, break of 1.3926 will turn bias to the downside for deeper […]

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EUR/USD Daily Outlook

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USD/JPY Daily Outlook

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02/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1029; (P) 1.1062; (R1) 1.1080; More…. Intraday bias in EUR/USD stays neutral and outlook is unchanged. While retreat from 1.1200 might extend lower, rally from 1.0665 is in favor to continue as long as 1.0947 resistance turned support holds. Above 1.1104 minor resistance will bring retest of 1.1200 first. Break there will […]
21/09/2024

EUR/AUD Weekly Outlook

EUR/AUD’s extended decline last week suggests that rebound from 1.6256 has completed at 1.6629 already. Nevertheless, as a temporary low was formed at 1.6315, initial bias is neutral this week first. Risk will stay on the downside as long as 1.6629 resistance holds. Below 1.6315 will bring retest of 1.6256. Firm break there will resume […]
11/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.26; (P) 161.22; (R1) 161.82; More… Intraday bias in EUR/JPY is back on the downside with breach of 160.54 temporary low. Fall from 163.70 is resuming to 38.2% retracement of 153.15 to 163.70 at 159.66. Sustained break there will indicate that fall from 163.70 is reversing whole rise from 153.13, and target […]