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Daily Pivots: (S1) 152.51; (P) 153.20; (R1) 153.98; More… No change in USD/JPY’s outlook and intraday bias stays on the upside. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 high. On the downside, below 151.44 minor support will turn intraday bias neutral again first. In […]

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04/11/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0809; (P) 1.0857; (R1) 1.0883; More… EUR/USD stays below 1.0904 temporary top despite today’s rebound, intraday bias remains neutral first. On the upside, break of 1.0904 will resume the rebound from 1.0760 short term bottom to 55 D EMA (now at 1.0941). On the downside, sustained break of 61.8% retracement of 1.0447 […]
30/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9116; (P) 0.9130; (R1) 0.9147; More…. Intraday bias in USD/CHF remains neutral and further rise is in favor with 0.9077 minor support intact. On the upside, above 0.9157 will bring retest of 0.9223. However, on the downside, break of 0.9077 will suggest that rebound from 0.8987 has completed. Intraday bias will be […]
27/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1020; (P) 1.1032; (R1) 1.1056; More… EUR/USD’s rally continues today and hit as high as 1.0749 so far. Intraday bias remain son the upside for retesting 1.1274 high. Strong resistance should be seen from there to limit upside, at least on first attempt. On the downside, below 1.1027 minor support will turn […]