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Daily Pivots: (S1) 0.8573; (P) 0.8630; (R1) 0.8667; More…. Intraday bias in USD/CHF remains on the downside for the moment. Current fall from 0.9243 should target 0.8551 key support next. On the upside, above 0.8710 minor resistance will turn intraday bias neutral again first. But outlook will remain bearish as long as 0.8819 resistance holds. […]

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EUR/USD Daily Outlook

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USD/JPY Daily Outlook

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13/05/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 155.38; (P) 155.65; (R1) 156.02; More… Further rise is mildly in favor in USD/JPY despite loss of upside momentum as seen in 4H MACD. Rebound from 151.86, as the second leg of the corrective pattern from 160.20, could extend towards 157.98 resistance. On the downside, break of 154.23 will suggest that the […]
01/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3644; (P) 1.3690; (R1) 1.3724; More… Intraday bias in USD/CAD remains neutral for the moment. Consolidation from 1.3845 could extend further. While deeper fall could be seen, downside should be contained by 1.3589 cluster support (38.2% retracement of 1.3176 to 1.3845 at 1.3589) to bring rebound. Break of 1.3790 resistance will argue […]
28/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8456; (P) 0.8466; (R1) 0.8478; More… No change in EUR/GBP’s outlook and intraday bias remains neutral. Further decline is expected with 0.8482 support turned resistance intact. On the downside, below 0.8429 minor support will bring retest of 0.8396 low first. Further break there will resume larger down trend to 0.8376 projection level […]