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Daily Pivots: (S1) 0.8953; (P) 0.8987; (R1) 0.9009; More…. Intraday bias in USD/CHF remains neutral for consolidations below 0.9019 temporary top first. Downside of retreat should be contained above 0.8838 support to bring rebound. Break of 0.9019 will resume larger rally from 0.8332. Next target is 100% projection projection of 0.8550 to 0.8884 from 0.8728 […]

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USD/JPY Daily Outlook

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USD/JPY Mid-Day Outlook

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06/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.13; (P) 164.54; (R1) 165.06; More… Intraday bias in EUR/JPY is turned neutral with current recovery. On the upside, firm break of 55 4H EMA (now at 166.08) will bring stronger rebound towards 168.64 resistance. On the downside, break of 164.01, and sustained trading below 55 D EMA (now at 163.97) will […]
14/09/2024

AUD/USD Weekly Report

AUD/USD edged lower to 0.6621 last week but drew support from 38.2% retracement of 0.6348 to 0.6823 at 0.6642 and recovered. Upside is capped below 0.6766 resistance and initial bias stays neutral this week first. On the downside, break of 0.6621 and sustained trading 0.6642 will target 61.8% retracement at 0.6529. Nevertheless, break of 0.6766 […]
21/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.64; (P) 189.95; (R1) 190.68; More… Intraday bias in GBP/JPY remains neutral as range trading continues inside 187.84/191.99.On the upside, above 191.99 will target 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, however, firm break of 187.84 support will […]