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Daily Pivots: (S1) 145.96; (P) 146.76; (R1) 148.07; More… Intraday bias in USD/JPY stays neutral at this point. While further rise cannot be ruled out, outlook will stay bearish as long as 150.88 resistance holds. On the downside, below 144.04 minor support will bring retest of 141.67 first. Break there will resume the fall from […]

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18/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.20; (P) 164.51; (R1) 165.08; More… Intraday bias in EUR/JPY stays neutral for the moment. On the upside, firm break of 165.33 will resume larger up trend towards 169.96 key resistance next. However, decisive break of 162.26 support will argue that it’s at least correcting the rise from 153.15, and target 38.2% […]
26/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9104; (P) 0.9137; (R1) 0.9155; More…. Intraday bias in USD/CHF remains neutral for the moment. On the upside, firm break of 0.9151 will resume the rally from 0.8332 and should target 0.9243 key resistance next. On the downside, break of 0.9085 will turn bias to the downside for deeper pullback. In the […]
26/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0811; (P) 1.0857; (R1) 1.0891; More… Intraday bias in EUR/USD remains neutral at this point, as range trading continues above 1.0821 temporary low. On the downside, break of 1.0821 will resume the fall from 1.1138 to 1.0722 support. On the upside, above 1.0931 will resume the rebound from 1.0821 towards 1.1138 resistance. […]