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Daily Pivots: (S1) 188.07; (P) 189.68; (R1) 190.89; More… GBP/JPY’s fall from 199.79 is in progress and intraday bias stays on the downside for 183.70 support. Break there will bring retest of 180.00 low. On the upside, above 191.27 minor resistance will turn intraday bias neutral first. But risk will now stay on the downside […]

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USD/JPY Mid-Day Outlook

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11/10/2024

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3695; (P) 1.3735; (R1) 1.3782; More… Outlook in USD/CAD is unchanged and intraday bias stays on the upside for the moment. Sustained trading above 61.8% retracement of 1.3946 to 1.3418 at 1.3559 will extend the rise from 1.3418 to 1.3946 high again. On the downside, below 1.3702 minor support will turn intraday […]
05/12/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4056; (P) 1.4070; (R1) 1.4087; More… Range trading continues in USD/CAD and intraday bias remains neutral for the moment. Further rally is expected with 1.3930 support intact. On the upside, firm break of 1.4177 will resume larger up trend towards 1.4391 projection level. However, break of 1.3926 will turn bias to the […]
26/10/2024

USD/CHF Weekly Outlook

USD/CHF’s rise from 0.8374 continued last week but formed a temporary top at 0.8685. Initial bias remains neutral this week first. Further rise is expected as long as 0.8629 minor support holds. Decisive break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall from 0.9223 has completed after defending 0.8332 low. […]