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Daily Pivots: (S1) 1.3381; (P) 1.3413; (R1) 1.3431; More… Intraday bias in USD/CAD stays mildly on the downside and deeper fall could be seen to 1.3342 support. Firm break there will argue that rebound from 1.3176 has completed at 1.3540, and target this low for resuming whole fall from 1.3897. On the upside, however, break […]

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10/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 155.57; (P) 156.33; (R1) 157.52; More… Intraday bias in USD/JPY remains neutral for the moment. 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 leg […]
27/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9134; (P) 0.9146; (R1) 0.9160; More…. Intraday bias in USD/CHF remains neutral for the moment. Current development suggests that pull back from 0.9223 has completed already. Above 0.9157 will bring retest of 0.9223. However, break of 0.9077 support will bring retest of 0.8987. Break there will resume the fall from 0.9223 to […]
28/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9389; (P) 0.9431; (R1) 0.9456; More…. Intraday bias in EUR/CHF remains on the downside for the moment. Corrective rebound from 0.9209 should have completed at 0.9579 after rejection by 55 D EMA. Deeper fall should be seen to 61.8% retracement of 0.9209 to 0.9579 at 0.9350. Firm break there will bring retest […]