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Daily Pivots: (S1) 165.33; (P) 166.46; (R1) 168.09; More… A temporary low should be in place at 164.81 with current recovery. Intraday bias in EUR/JPY is turned neutral first. But risk will stay on the downside as long as 169.98 support turned resistance holds. On the downside, decisive break of 164.29 support turned resistance will […]

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USD/JPY Mid-Day Outlook

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EUR/USD Daily Outlook

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09/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1049; (P) 1.1102; (R1) 1.1138; More…. EUR/USD dips notably today but stays in range above 1.1025. Intraday bias remains neutral for the moment. Consolidation from 1.1200 could extend with deeper pull back, but downside should be contained by 38.2% retracement of 1.0665 to 1.1200 at 1.0996 to bring rebound. Break of 1.1200 […]
07/09/2024

USD/CAD Weekly Outlook

USD/CAD’s rebound from 1.3439 extended higher last week but upside is limited below 1.3617 resistance so far. Initial bias remains neutral this week and further decline remain in favor. On the downside, break of 1.3439 and sustained trading below 61.8% retracement of 1.3091 to 1.3946 at 1.3418 will pave the way to 1.3091/3176 support zone […]
03/03/2024

AUD/USD Weekly Report

AUD/USD’s decline argues that corrective recovery from 0.6442 has completed at 0.6594. But as a temporary low was formed at 0.6486, initial bias is neutral this week first. On the downside, below 0.6486 will target a retest on 0.6442 first. Firm break there will resume whole decline from 0.6870. However, on the upside, break of […]