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Daily Pivots: (S1) 1.0911; (P) 1.0946; (R1) 1.0974; More… Intraday bias in EUR/USD is turned neutral with current retreat. Some consolidations would be seen below 1.0980 temporary top first. But further rise would remain in favor as long as 1.0797 support holds. Fall from 1.1138 could have completed at 1.0694, as a correction to rise […]

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USD/JPY Mid-Day Outlook

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20/04/2024

EUR/JPY Weekly Outlook

Range trading continued in EUR/JPY last week and overall outlook is unchanged. Initial bias remains neutral this week as consolidation pattern from 165.33 could still extend. . On the upside, firm break of 165.33 will resume larger up trend towards 169.96 key resistance next. However, decisive break of 162.59 will argue that it’s at least […]
08/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3612; (P) 1.3633; (R1) 1.3663; More… Intraday bias in USD/CAD remains neutral for the moment. Corrective pattern from 1.3845 could still extend. Break of 1.3589 will target 100% projection of 1.3845 to 1.3589 from 1.3790 at 1.3534. Strong support would be seen there to bring rebound. On the upside, above 1.3686 minor […]
09/10/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.04; (P) 162.62; (R1) 163.32; More…. Intraday bias in EUR/JPY remains neutral for the moment. On the upside, break of 163.47 resistance will resume the rebound from 154.40 to 61.8% retracement of 175.41 to 154.40 at 167.38. On the downside, break of 158.09 will bring deeper fall back to 154.40/155.14 support zone […]