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Daily Pivots: (S1) 1.3362; (P) 1.3387; (R1) 1.3431; More… Intraday bias in USD/CAD stays neutral first. But further rise is mildly in favor as long as 1.3339 minor support holds. Decisive break of 38.2% retracement of 1.3897 to 1.3176 at 1.3451 will pave the way to 61.8% retracement at 1.3622. On the downside, however, break […]

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EUR/USD Daily Outlook

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AUD/USD Daily Report

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15/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.74; (P) 156.00; (R1) 156.47; More… No change in USD/JPY’s outlook and intraday bias stays mildly on the upside. Rebound from 151.86, as the second leg of the corrective pattern from 160.20, is in progress for 157.98 resistance. On the downside, break of 155.25 minor support will suggest that the third leg […]
11/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 199.22; (P) 199.64; (R1) 200.33; More… GBP/JPY is staying in range below 200.72 and intraday bias stays neutral. On the downside, break of 197.28 will strengthen the case that rise from 191.34 has completed. Intraday bias will be back on the downside for 195.02 support first. However, decisive break of 200.72 will […]
04/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.02; (P) 160.40; (R1) 161.15; More…. Intraday bias in EUR/JPY remains on the downside at this point. Fall from 164.29 is in progress for 161.8% projection of 164.29 to 161.22 from 163.70 at 158.73. Sustained break there will target 154.32 cluster support (38.2% retracement of 139.05 to 164.29 at 154.64). On the […]