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Daily Pivots: (S1) 1.3824; (P) 1.3845; (R1) 1.3872; More… USD/CAD’s breach of 1.3858 suggests that rise from 1.3176 is resuming. Intraday bias is back on the upside. Next target is 61.8% projection of 1.3176 to 1.3845 from 1.3588 at 1.4025. On the downside, below 1.3796 minor support will delay the bullish case and turn intraday […]

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16/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 155.38; (P) 156.26; (R1) 156.90; More…. Intraday bias in EUR/JPY is back on the downside with breach of 155.45 temporary low. Fall from 163.86 is resuming to retest 154.40 low. Firm break there will resume whole decline from 1785.41 to 153.15 support, and possibly further to 152.11 fibonacci level. On the upside, […]
13/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 156.56; (P) 157.04; (R1) 157.55; More…. Intraday bias in EUR/JPY remains neutral and further decline is expected as long as 160.01 support turned resistance holds. Below 155.45 will bring retest of 154.40 low. Firm break there will resume whole decline from 175.41 to 153.15 support. In the bigger picture, price actions from […]
10/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8482; (P) 0.8507; (R1) 0.8549; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. Consolidation from 0.8332 is in progress 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 […]