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Daily Pivots: (S1) 0.8594; (P) 0.8626; (R1) 0.8645; More…. Outlook in USD/CHF remains unchanged as range trading continues. Intraday bias stays neutral at this point. On the downside, below 0.8605 will resume the pull back from 0.8727 to 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this […]

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04/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 146.20; (P) 147.27; (R1) 147.88; More… Intraday bias in USD/JPY stays on the downside at this point. Fall from 151.89 is in progress and should target 145.06 key support level. On the upside, break of 148.50 resistance is needed to indicate short term bottoming. Otherwise, further decline with remain in favor in […]
04/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3536; (P) 1.3569; (R1) 1.3593; More… Intraday bias in USD/CAD remains neutral as consolidations continue below 1.3605 temporary top. Further rally is expected as long as 1.3439 support holds. Break of 1.3605 will resume the rise from 1.3176 and target 100% projection of 1.3176 to 1.3540 from 1.3357 at 1.3721 next. In […]
04/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 169.66; (P) 170.28; (R1) 170.83; More…. Intraday bias in EUR/JPY is turned neutral again with current retreat. Above 170.87 will resume the rally from 164.01 to retest 171.58 high. ON the downside, break break of 169.05 support should confirm short term topping, and turn bias back to the downside for 167.31 support […]