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Daily Pivots: (S1) 149.68; (P) 150.46; (R1) 151.39; More… USD/JPY is staying in consolidation above 148.64 temporary low and intraday bias remains neutral. On the downside, break of 148.64 will strength the case that rise from 139.57 has already completed at 156.754. Deeper fall should then be seen to 61.8% retracement of 139.57 to 156.74 […]

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16/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6467; (P) 1.6516; (R1) 1.6570; More… Intraday bias in EUR/AUD remains neutral for the moment. For now, the favored case remains that corrective fall from 1.7180 has completed at 1.6256 already. On the upside, above 1.6629 will resume the rebound for retesting 1.7180 high. However, firm break of 1.6457 minor support will […]
31/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8810; (P) 0.8843; (R1) 0.8860; More… Intraday bias in USD/CHF remains neutral as consolidation from 0.8776 is still in progress. Further decline is expected as long as 0.8923 resistance holds. On the downside, break of 0.8776 will resume the fall from 0.9223 to 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. […]
08/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3300; (P) 1.3349; (R1) 1.3411; More… Further rise is in favor in USD/CAD with 1.3286 minor support intact. Current rise from 1.3176 short term bottom would target 38.2% retracement of 1.3897 to 1.3176 at 1.3451. Firm break there will pave the way to 61.8% retracement at 1.3622. On the downside, however, break […]