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Daily Pivots: (S1) 1.3736; (P) 1.3764; (R1) 1.3779; More… Intraday bias in USD/CAD stays neutral for consolidation below 1.3837 temporary top. Downside of retreat should be contained above 1.3646 resistance turned support. On the upside, above 1.3837 will resume the rally from 1.3418 to 1.3946/76 key resistance zone. In the bigger picture, sideway consolidation pattern […]

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02/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9014; (P) 0.9036; (R1) 0.9066; More…. Intraday bias in USD/CHF remains neutral at this point. Further rally is expected as long as 0.8964 support holds. Firm break of 0.9070 will resume larger rise from 0.8332 towards 0.9243 key resistance next. In the bigger picture, price actions from 0.8332 medium term bottom as […]
16/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0783; (P) 1.0804; (R1) 1.0842; More… Intraday bias in EUR/USD remains on the upside for the moment. Current rise from 1.0601 is in progress for 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed already. On the downside, below 1.0833 minor support will turn intraday bias neutral […]
11/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 155.57; (P) 156.33; (R1) 157.52; More… No change in USD/JPY’s outlook and intraday bias stays neutral. On the upside, break of 157.70 will resume the whole rise from 151.86 and target 160.20 high. Nevertheless, break of 154.53 will turn bias to the downside for 151.86 support and possibly below, as the third […]