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Daily Pivots: (S1) 1.0443; (P) 1.0487; (R1) 1.0510; More… EUR/USD recovered notably after dipping to 1.0452 briefly and intraday bias is turned neutral again. Outlook is unchanged that corrective rise from 1.0330 should be completed at 1.0629, and further decline is expected. Below 1.0452 will bring retest of 1.0330, and then resume the fall form […]

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12/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 144.81; (P) 145.61; (R1) 146.08; More… Intraday bias in USD/JPY remains neutral at this point. On the upside above 146.40 will resume the rebound from 140.25 to 61.8% retracement of 151.89 to 140.25 at 147.44. Upside should be limited there to bring reversal. On the downside, break of 143.41 will turn bias […]
15/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0929; (P) 1.0958; (R1) 1.0980; More… EUR/USD is still bounded in range trading and intraday bias remains neutral. Further fall is in favor as long as 1.0997 minor resistance intact. Break of 1.0876 will resume the fall from 1.1138 to 1.0722 support next. Nevertheless, firm break of 1.0997 will turn bias back […]
14/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3429; (P) 1.3452; (R1) 1.3474; More… Intraday bias in USD/CAD remains neutral as sideway trading continues. Further rise is mildly in favor as long as 1.3357 support holds. On the upside, decisive break of 1.3540/3 will resume the rise from 1.3176. That will also revive that case that whole fall from 1.3897 […]