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Daily Pivots: (S1) 0.9330; (P) 0.9385; (R1) 0.9415; More…. EUR/CHF dives through 100% projection of 0.9928 to 0.94767 from 0.9772 at 0.9320 today. Breach of 0.9252 low argues that larger down trend might be resuming. Intraday bias stays on the downside for 161.8% projection at 0.9041 next. On the upside, above 0.9382 minor resistance will […]

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USD/JPY Mid-Day Outlook

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22/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.16; (P) 191.44; (R1) 192.58; More.. Intraday bias in GBP/JPY remains neutral as consolidations from 193.51 could extend further. On the upside, firm 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, […]
12/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3548; (P) 1.3576; (R1) 1.3603; More… No change in USD/CAD’s outlook and intraday bias stays neutral. On the downside, below 1.3547 minor support will argue that recovery from 1.3479 has completed. Intraday bias will be turned back to the downside for 1.3479 and below, to resume the decline from 1.3897. But downside […]
07/03/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6511; (P) 0.6547; (R1) 0.6600; More… AUD/USD’s strong rebound suggests that corrective pattern from 0.6442 is extending with another leg. While further rise cannot be ruled out, upside should be limited by 38.2% retracement of 0.6877 to 0.6442 at 0.6605. Break of 0.6476 support will argue that fall from 0.6870 is ready […]