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Daily Pivots: (S1) 1.0841; (P) 1.0897; (R1) 1.0933; More… Intraday bias in EUR/USD remains on the downside. Fall from 1.1138 is in progress for 1.0722 support. Sustained break there will argue that whole rise from 1.0447 has completed, and target this low. For now, risk will stay on the downside as long as 1.0995 resistance […]

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EUR/USD Mid-Day Outlook

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EUR/USD Mid-Day Outlook

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05/04/2024

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3495; (P) 1.3527; (R1) 1.3576; More… USD/CAD’s rally from 1.3716 resumed by breaking through 1.3613 resistance and intraday bias is back on the upside. Current rise should target channel resistance at 1.3664 first. Sustained break there would prompt upside acceleration towards 1.3897 resistance next. For now, near term outlook will stay bullish […]
14/02/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.03; (P) 149.25; (R1) 149.58; More… USD/JPY’s rally resumed after brief consolidations and intraday bias is back on the upside. Further rally should now be seen to retest 151.89/93 key resistance zone. Decisive break there will confirm larger up trend resumption of 155.50 projection level next. On the downside, below 149.24 minor […]
08/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8939; (P) 0.8973; (R1) 0.8992; More… USD/CHF’s break of 0.8956 minor support suggests that rebound from 0.8825 has completed at 0.9049, after rejection by falling channel resistance. Also, fall from 0.9223 is not completed yet. Intraday bias is back on the downside for retesting 0.8825 low next. For now, risk will stay […]