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Daily Pivots: (S1) 1.1050; (P) 1.1064; (R1) 1.1086; More…. Intraday bias in EUR/USD remains neutral for the moment. While retreat from 1.1200 might extend lower, rally from 1.0665 is in favor to continue as long as 1.0947 resistance turned support holds. Above 1.1104 minor resistance will bring retest of 1.1200 first. Break there will target […]

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26/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 143.37; (P) 144.93; (R1) 145.81; More… Intraday bias in USD/JPY remains on the downside for retesting 141.67 low. Firm break there will resume the whole fall from 161.94 to 140.25 support next. For now, risk will stay on the downside as long as 149.35 resistance holds, in case of recovery. In the […]
12/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8498; (P) 0.8518; (R1) 0.8528; More…. Intraday bias in USD/CHF stays neutral for the moment. Consolidation from 0.8332 is extending and stronger recovery cannot be ruled out. But outlook will stay bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8332 will resume larger fall from 0.9243 […]
29/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3196; (P) 1.3216; (R1) 1.3249; More… Intraday bias in USD/CAD is turned neutral first with current recovery. On the downside, break of 1.3176 will resume the fall from 1.3897 to 1.3091 support and possibly below. Nevertheless, considering bullish convergence condition in 4H MACD, break of 1.3284 will indicate short term bottoming, and […]