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Daily Pivots: (S1) 1.3614; (P) 1.3650; (R1) 1.3670; More… USD/CAD’s fall from 1.3946 is still in progress and intraday bias stays on the downside for 1.3588 structural support. Strong support could be seen from there to bring reversal. On the upside, above 1.3684 will turn intraday bias back to the upside for stronger rebound. However, […]

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USD/JPY Mid-Day Outlook

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GBP/JPY Daily Outlook

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09/01/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6687; (P) 0.6711; (R1) 0.6744; More… No change in AUD/USD’s outlook as further decline is in favor with 0.6759 minor resistance intact. Fall from 0.6870 short term top would target 55 D EMA (now at 0.6619). Some support could be seen there to bring rebound on first attempt. On the upside, however, […]
14/05/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 155.74; (P) 156.00; (R1) 156.47; More… Intraday bias in USD/JPY stays mildly on the upside at this point. Rebound from 151.86, as the second leg of the corrective pattern from 160.20, is in progress for 157.98 resistance. On the downside, break of 155.25 minor support will suggest that the third leg has […]
05/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9364; (P) 0.9387; (R1) 0.9406; More…. Intraday bias in EUR/CHF stays neutral and further decline is expected with 0.9455 resistance intact. On the downside, break of 0.9351 will resume the fall from 0.9579 to retest 0.9209 low. However, break of 0.9497 will turn bias back to the upside for 0.9579 resistance instead. […]