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Daily Pivots: (S1) 147.33; (P) 147.92; (R1) 148.75; More… Intraday bias in USD/JPY remains on the upside, as rise from 140.25 is in progress. Next target is 151.89/93 key resistance zone next. On the downside, below 147.06 minor support will turn intraday bias neutral and bring consolidations first. But further rally will remain in favor […]

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09/12/2023

USD/CAD Weekly Outlook

USD/CAD edged lower to 1.3479 last week but recovered since then. Yet, upside is capped below 1.3625 resistance. Initial bias stays neutral this week first. On the downside, below 1.3479 will resume the corrective fall from 1.3897. But downside should be contained by 1.3378 support, which is close to 61.8% retracement of 1.3091 to 1.3897 […]
13/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9633; (P) 0.9654; (R1) 0.9690; More…. Intraday bias in EUR/CHF is turned neutral with current recovery. Some consolidations could be seen, but another fall is expected as long as 55 D EMA (now at 0.9747) holds. Below 0.9613 will target 0.9563 support. Decisive break there will argue that whole rise from 0.9252 […]
15/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2930; (P) 1.2960; (R1) 1.3019; More… Intraday bias in GBP/USD remains on the upside despite current retreat. Rise fro 1.2298 is in progress for 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, which is slightly above 1.3141 key medium term resistance. On the downside, below 1.2898 minor support will turn […]