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Daily Pivots: (S1) 0.8701; (P) 0.8736; (R1) 0.8787; More…. Intraday bias in USD/CHF remains neutral for the moment, and some more consolidations could be seen above 0.8716. Risk will stay on the downside as long as 0.8886 support turned resistance holds. On the downside, break of 0.8716 temporary low will resume the fall from 0.9243 […]

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27/01/2024

USD/JPY Weekly Outlook

USD/JPY stayed in consolidation below 148.79 last week and outlook is unchanged. Initial bias remains neutral this week first. With 145.97 resistance turned support intact, further rally is 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 retesting 151.89/93 […]
12/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.00; (P) 164.35; (R1) 164.75; More… Intraday bias in EUR/JPY remains neutral as consolidation from 165.33 is extending. But outlook stays bullish as long as 162.59 support holds. On the upside, firm break of 165.33 will resume larger up trend towards 169.96 key resistance next. On the downside, though, break of 162.59 […]
02/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6639; (P) 0.6664; (R1) 0.6684; More… No change in AUD/USD’s outlook as sideway consolidation continues below 0.6713. Intraday bias remains neutral for the moment. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume whole […]