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Daily Pivots: (S1) 155.64; (P) 156.78; (R1) 157.61; More… USD/JPY is staying in consolidation below 157.91 temporary top and intraday bias stays neutral. Deeper pull back cannot be ruled out, but outlook will stay bullish as long as 153.15 support holds. On the upside, break of 157.91 will resume the rally from 139.57 to 61.8% […]

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USD/CHF Mid-Day Outlook

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30/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 187.50; (P) 188.04; (R1) 188.73; More… Intraday bias in GBP/JPY remains neutral at this point. Further rally is expected as long as 186.14 support holds. Break of 188.90, and sustained trading above 188.63, will confirm up trend resumption. Next target is 38.2% projection of 155.33 to 188.63 from 178.32 at 191.04. However, […]
13/09/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3562; (P) 1.3584; (R1) 1.3602; More… Intraday bias in USD/CAD remains neutral first and further decline is in favor. On the downside, below 1.3545 minor support will bring retest of 1.3439 low first. However, firm break of 1.3617 will turn bias back to the upside for stronger rebound instead. In the bigger […]
10/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.36; (P) 187.24; (R1) 188.05; More… Intraday bias in GBP/JPY stays on the downside at this point, and fall from 193.45 is in progress for retest 180.00 low first. Break there will resume whole fall from 208.09. On the upside, above 189.76 minor resistance will turn intraday bias neutral. In the bigger […]