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Daily Pivots: (S1) 0.6648; (P) 0.6687; (R1) 0.6727; More… AUD/USD is staying in range above 0.6639 and intraday bias remains neutral. On the downside, break of 0.6639 will resume the fall from 0.6870 short term top to 0.6541 support next. On the upside, though, break of 0.6759 minor resistance will suggest that the pull back […]

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USD/JPY Daily Outlook

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01/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3694; (P) 1.3739; (R1) 1.3824; More… USD/CAD’s break of 1.3730 minor resistance suggests that pullback from 1.3845 has completed at 1.3613. Intraday bias is back on the upside for retesting 1.3845 first. Firm break there will resume larger rise from 1.3176 towards 1.3976 key resistance next. For now, risk will stay on […]
28/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9915; (P) 0.9922; (R1) 0.9930; More…. EUR/CHF’s rally is still in progress and intraday bias stays on the upside. Current rise from 0.9252 should target 100% projection of 0.9304 to 0.9847 from 0.9563 at 1.0106, which is slightly above 1.0095 key structural resistance. On the downside, below 0.9880 minor support will turn […]
15/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 189.67; (P) 191.07; (R1) 192.15; More.. Intraday bias in GBP/JPY remains neutral for the moment. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. Nevertheless, decisive break of 190.02 will indicate that it’s at least correcting the rise from 178.32, and target 38.2% retracement of […]