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Daily Pivots: (S1) 1.3719; (P) 1.3742; (R1) 1.3759; More… Intraday bias in USD/CAD is turned neutral first with current recovery. But further fall is expected as long as 1.3790 resistance holds. Break of 1.3720 and sustained trading below 55 D EMA (now at 1.3726) would dampen the original bullish outlook and bring deeper fall to […]

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AUD/USD Daily Report

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15/06/2024

USD/JPY Weekly Outlook

USD/JPY’s choppy rise from 151.86 resumed by breaching 157.70 resistance last week. Initial bias stays mildly on the upside this week. Further rally could be seen to retest 160.20 high. But upside should be limited there, at least on first attempt. On the downside, below 156.57 minor support will turn intraday bias neutral first. In […]
19/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.78; (P) 148.05; (R1) 148.44; More… USD/JPY’s rally resumed after brief retreat and intraday bias is back on the upside. Current rise from 140.25 should target a retest on 151.89/93 key resistance zone. On the downside, below 147.64 minor support will turn intraday bias neutral again and bring consolidations, before staging another […]
25/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 146.63; (P) 147.54; (R1) 148.44; More… Intraday bias in USD/JPY remains neutral as consolidation from 148.79 is extending. As long as 145.97 support holds, further rally is in favor. Corrective fall from 151.89 should have completed at 140.25 already. Break of 148.79 will resume the rise from there for retesting 151.89/93 key […]