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Daily Pivots: (S1) 1.3662; (P) 1.3696; (R1) 1.3736; More… Intraday bias in USD/CAD stays neutral with focus on 1.3660 support. Strong rebound from current level will retain near term bullishness. Break of 1.3748 minor resistance will turn intraday bias back to the upside for retesting 1.3845 resistance. However, sustained break of 1.3660 will bring deeper […]

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USD/JPY Daily Outlook

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27/03/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 151.13; (P) 151.35; (R1) 151.64; More… Intraday bias in USD/JPY is turned neutral gain as it retreated after edging higher to 151.96. On the downside, break of 150.25 support should confirm short term topping, and turn bias back to the downside for 55 D EMA (now at 148.93). Nevertheless, sustained break of […]
29/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.36; (P) 160.87; (R1) 161.29; More…. EUR/JPY is still bounded in consolidations below 163.86 and intraday bias stays neutral. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the downside, however, firm break of […]
30/11/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0947; (P) 1.0982; (R1) 1.1004; More… Intraday bias in EUR/USD is turned neutral with current retreat, and some consolidations would be seen first. But further rally is expected as long as 1.0851 support holds. Above 1.1016 will resume the rise from 1.0447 to 1.1274 resistance next. But strong resistance should be seen […]