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Daily Pivots: (S1) 0.8374; (P) 0.8433; (R1) 0.8465; More… USD/CHF is still bounded in sideway trading and intraday bias remains neutral. Further decline is in favor with 0.8548 resistance intact. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. […]

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EUR/USD Mid-Day Outlook

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EUR/USD Daily Outlook

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23/10/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 150.66; (P) 150.93; (R1) 151.36; More… USD/JPY’s rally from 139.57 accelerates higher today, and intraday bias stays on the upside for 61.8% retracement of 161.94 to 139.57 at 153.39. Decisive break there will pave the way to retest 161.94 high. On the downside, below 150.60 minor support will turn intraday bias neutral […]
21/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6233; (P) 1.6264; (R1) 1.6314; More… Intraday bias in EUR/AUD is turned neutral as it recovered after brief dip to 1.6211. Further decline remains in favor as long as 1.6381 resistance holds. Break of 1.6211 will resume larger corrective decline from 1.7062 to 1.6127 support, or further to 100% projection of 1.7062 […]
11/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.09; (P) 152.66; (R1) 153.73; More… No change in USD/JPY’s outlook and intraday bias remains on the upside. Sustained break of 61.8% projection of 140.25 to 150.87 from 146.47 at 153.03 will target 155.20 projection level next. On the downside, below 151.95 support will turn intraday bias neutral again. But outlook will […]