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Daily Pivots: (S1) 156.57; (P) 156.95; (R1) 157.41; More.. Intraday bias in EUR/JPY remains neutral for the moment. While rebound from 153.15 could extend higher, upside should be limited below 158.36 minor resistance to bring another fall. On the downside, below 155.98 will turn bias to the downside for retesting 153.15. In the bigger picture, […]

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29/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9111; (P) 0.9130; (R1) 0.9165; More…. Intraday bias in USD/CHF remains neutral for the moment, and more consolidations could be seen. On the upside, firm break of 0.9151 will resume the rally from 0.8332 and should target 0.9243 key resistance next. On the downside, break of 0.9085 will turn bias to the […]
01/06/2024

USD/CAD Weekly Outlook

USD/CAD gyrated in range of 1.3589/3742 last week and outlook is unchanged. Initial bias remains neutral this week. On the upside, break of 1.3742 resistance will revive the case that correction from 1.3845 has completed at 1.3589. Intraday bias will be back on the upside for retesting 1.3845. On the downside, firm break of 1.3589 […]
30/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2673; (P) 1.2727; (R1) 1.2754; More… GBP/USD is staying in range of 1.2670/2799 and intraday bias remains neutral. Some more consolidations could be seen but further rise is expected as long as 1.2670 support holds. Above 1.2799 will resume the rally from 1.2298 and target 1.2892 resistance. However, break of 1.2670 will […]