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Daily Pivots: (S1) 0.9317; (P) 0.9331; (R1) 0.9349; More… No change in EUR/CHF’s outlook as consolidation from 0.9252 is still in progress. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend to 100% projection […]

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EUR/AUD Daily Outlook

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EUR/USD Mid-Day Outlook

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02/08/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.42; (P) 151.16; (R1) 152.72; More… USD/JPY’s steep decline from 161.94 reaccelerates to as low as 147.01 so far. There is no sign of bottoming yet and intraday bias stays on the downside. Next target is 140.25 fibonacci level. On the upside, above 150.88 minor resistance will turn intraday bias neutral and […]
02/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3700; (P) 1.3742; (R1) 1.3779; More… Intraday bias in USD/CAD is turned neutral again with current retreat. On the upside above 1.3782 will target 1.3845 resistance first. Firm break there will resume larger rise from 1.3176 towards 1.3976 key resistance next. On the downside, break of 1.3631 will extend the fall from […]
24/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2642; (P) 1.2694; (R1) 1.2740; More… GBP/USD is still extending the consolidation pattern from 1.2826 and intraday bias remains neutral. Another fall cannot be ruled out, but downside will likely be contained above 1.2499 support to bring rebound. On the upside, firm break of 1.2784 resistance will suggest that the consolidation pattern […]