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Daily Pivots: (S1) 147.74; (P) 148.28; (R1) 148.71; More… Intraday bias in USD/JPY remains neutral for consolidation below 148.79 temporary top. Further rally is expected as long as 145.97 resistance turned support holds. Corrective all from 151.89 should have completed at 140.25 already. Break of 148.79 will resume the rise from there for retesting 151.89/93 […]

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EUR/USD Mid-Day Outlook

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25/09/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 142.67; (P) 143.67; (R1) 144.23; More… No change in USD/JPY’s outlook and further rise is still in favor with 141.73 minor support intact, despite loss of upside momentum as seen in 4H MACD. Rebound from 139.57 short term bottom should extend to 38.2% retracement of 161.94 to 139.57 at 148.11. On the […]
19/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0942; (P) 1.0980; (R1) 1.1010; More….. Intraday bias in EUR/USD remains on the upside for 100% projection of 1.0665 to 1.0947 from 1.0776 at 1.1058. Decisive break there could prompt upside acceleration through 1.1138 resistance to 161.8% projection at 1.1232. However, considering bearish divergence condition in 4H MACD, break of 1.948 support […]
04/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8657; (P) 0.8713; (R1) 0.8746; More…. Intraday bias in USD/CHF remains neutral for the moment. Another fall is in favor as long as 0.8769 minor resistance holds. Below 0.8665 will resume the decline from 0.9243 to 161.8% projection of 0.9243 to 0.8886 from 0.9111 at 0.8533, which is close to 0.8551 low. […]