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Daily Pivots: (S1) 1.3532; (P) 1.3579; (R1) 1.3606; More… USD/CAD’s fall from 1.3897 resumed after brief recovery. Intraday bias is back on the downside. Further fall should be seen to 1.3378 support next. On the upsi8de, though, above 1.3625 minor resistance will turn intraday bias neutral again first. In the bigger picture, corrective pattern from […]

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EUR/CHF Daily Outlook

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01/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 160.36; (P) 160.82; (R1) 161.37; More… Intraday bias in USD/JPY remains neutral for consolidations below 161.27. Downside of retreat should be contained by 158.71 support to bring another rally. Break of 161.27 will target 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. In the bigger picture, long term up trend […]
20/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 200.64; (P) 200.88; (R1) 201.35; More… Intraday bias in GBP/JPY remains neutral as consolidations continues below 201.59. Further rally is expected as long as 197.18 support holds. However, considering bearish divergence condition in 4H MACD, firm break of 197.18 will confirm short term topping, and turn bias back to the downside for […]
09/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9274; (P) 0.9296; (R1) 0.9309; More… EUR/CHF is still bounded in consolidation above 0.9252 and intraday bias remains neutral for the moment. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend […]