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Daily Pivots: (S1) 0.8487; (P) 0.8525; (R1) 0.8554; More….. Intraday bias in USD/CHF remains on the downside as fall from 0.8747 is in progress for retesting 0.8431. Firm break there will resume whole decline from 0.9223 towards 0.8332 low. On the upside, above 0.8560 minor resistance will turn intraday bias neutral first. But risk will […]

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USD/JPY Mid-Day Outlook

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04/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2645; (P) 1.2680; (R1) 1.2747; More… GBP/USD is still bounded in consolidation from 1.2731 and intraday bias stays neutral. But further rally is expected as long as 1.2590 minor support holds. On the upside, decisive break of 1.2731 will resume the rally from 1.2036 for retesting 1.3141 high next. In the bigger […]
03/08/2024

AUD/USD Weekly Report

AUD/USD edged lower to 0.6479 last week but turned sideway since then. Initial bias stays neutral this week for some more consolidations. But further decline is expected as long as 0.6609 minor resistance holds. Break of 0.6479 will resume the fall from 0.6798 to 0.6361 support next. In the bigger picture, overall, price actions from […]
28/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 160.43; (P) 160.63; (R1) 160.98; More… USD/JPY’s rally continues today and intraday bias stays on the upside. Next target is 161.8% projection of 151.86 to 157.70 from 154.53 at 163.97. On the downside, below 60.27 minor support will turn intraday bias neutral again first. But outlook will stay bullish as long as […]