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Daily Pivots: (S1) 146.31; (P) 147.13; (R1) 147.66; More… Intraday bias in USD/JPY remains neutral for the moment. Outlook stays bearish with 38.2% retracement of 161.94 to 141.67 at 149.41 intact and intraday bias stays neutral. Below 145.42 minor support will turn bias to the downside for 141.67. Break there will resume the fall from […]

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30/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9079; (P) 0.9116; (R1) 0.9143; More…. Intraday bias in USD/CHF remains neutral for the moment. On the upside, firm break of 0.9155 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 […]
12/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6558; (P) 0.6581; (R1) 0.6596; More… Intraday bias in AUD/USD stays mildly on the upside as rise from 0.6348 is in favor to continue. Sustained break of 55 D EMA (now at 0.6612) will target 0.6798 resistance. On the downside, break of 0.6506 minor support will indicate rejection by the 55 D […]
16/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 140.08; (P) 140.99; (R1) 141.69; More… Intraday bias in USD/JPY remains on the downside for 139.26 fibonacci level. Some support could be seen there to bring rebound. But outlook will remain bearish as long as 143.03 resistance holds. Decisive break of 139.26 would carry larger bearish implications, and target 61.8% projection of […]