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Daily Pivots: (S1) 141.31; (P) 142.08; (R1) 142.61; More… Intraday bias in USD/JPY remains neutral despite today’s decline. Sideway trading could still continue in range above 140.94. But in case of another recovery, upside should be limited by 144.94 resistance. On the downside, firm break of 140.94 will resume the whole fall from 151.89. Next […]

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08/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8939; (P) 0.8973; (R1) 0.8992; More… USD/CHF’s break of 0.8956 minor support suggests that rebound from 0.8825 has completed at 0.9049, after rejection by falling channel resistance. Also, fall from 0.9223 is not completed yet. Intraday bias is back on the downside for retesting 0.8825 low next. For now, risk will stay […]
11/03/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0911; (P) 1.0946; (R1) 1.0974; More… Intraday bias is EUR/USD remains on the upside at this point. Fall from 1.1138 could have completed at 1.0694, as a correction to rise from 1.0447. Further rally would be seen to retest 1.1138 next. On the downside, below 1.0867 minor support will turn intraday bias […]
21/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6233; (P) 1.6264; (R1) 1.6314; More… Intraday bias in EUR/AUD is turned neutral as it recovered after brief dip to 1.6211. Further decline remains in favor as long as 1.6381 resistance holds. Break of 1.6211 will resume larger corrective decline from 1.7062 to 1.6127 support, or further to 100% projection of 1.7062 […]