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Daily Pivots: (S1) 1.4159; (P) 1.4194; (R1) 1.4256; More… USD/CAD’s rally resumed after brief consolidations and intraday bias is back on the upside. Current rise is part of the larger up trend and should target 1.4391 projection level. On the downside, below 1.4119 support will turn intraday bias neutral again and bring consolidations again, before […]

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13/04/2024

EUR/USD Weekly Outlook

EUR/USD’s fall from 1.1138 resumed by break through 1.0694 last week. Initial bias stays on the downside this week for 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536 next. Firm break there will target 1.0447 support next. On the upside, above 1.0698 minor resistance will turn intraday bias neutral and bring consolidations first, […]
21/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9490; (P) 0.9531; (R1) 0.9582; More…. Intraday bias in EUR/CHF remains neutral for consolidation above 0.9476. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 0.9683 resistance holds, and fall from 0.9928 is expected to resume later. Below 0.9476 will target 61.8% retracement of 0.9252 to 0.9928 […]
22/05/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 155.75; (P) 156.03; (R1) 156.56; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. Price actions from 160.20 are seen as a corrective pattern. On the upside, break of 156.78 will resume the rise from 151.86, as the second leg, to 100% projection of 151.86 to 156.78 from 153.59 at […]