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Daily Pivots: (S1) 142.11; (P) 142.37; (R1) 142.64; More… Intraday bias in USD/JPY remains neutral at this point as sideway consolidations continue above 140.94. In case of stronger recovery, upside should be limited below 146.58 resistance. On the downside, firm break of 140.94 will resume the whole fall from 151.89. Next target will be next […]

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19/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.14; (P) 162.99; (R1) 163.68; More… Intraday bias in EUR/JPY remains neutral for the moment. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the downside, below 160.57 minor support will turn bias back […]
07/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3653; (P) 1.3682; (R1) 1.3699; More…. Intraday bias in USD/CAD remains neutral as it’s still bounded in sideway trading. On the upside, break of 1.3742 resistance will revive the case that correction from 1.3845 has completed at 1.3589. Intraday bias will be back on the upside for retesting 1.3845. On the downside, […]
08/04/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0803; (P) 1.0826; (R1) 1.0859; More… Outlook in EUR/USD is unchanged and intraday bias stays neutral first. On the downside, decisive break of 1.0694/0723 support zone will resume whole fall from 1.1138. On the upside, though, break of 1.0875 will resume the rebound from 1.0723 towards 1.0980 resistance instead. In the bigger […]