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Daily Pivots: (S1) 145.85; (P) 146.48; (R1) 147.07; More… Focus stays on 148.79 resistance in USD/JPY. Firm break there will resume the rally from 140.25 to 151.89/93 key resistance zone. For now, further rise will remain in favor as long as 145.88 holds, in case of retreat. In the bigger picture, fall from 151.89 is […]

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USD/JPY Mid-Day Outlook

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10/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 160.85; (P) 161.18; (R1) 161.63; More… USD/JPY is still staying in range below 161.95 and intraday bias remains neutral. Further rally is expected with 160.25 minor support intact. On the upside, break of 161.94 will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. Nevertheless, break […]
30/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 153.91; (P) 156.95; (R1) 159.37; More… USD/JPY is extending consolidation from 160.20 and intraday remains neutral. Strong support could be seen from 38.2% retracement of 146.47 to 160.20 at 154.95 to bring recovery. But break of 160.20 is not envisaged for now. However, firm break of 154.95 will turn bias to the […]
17/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9013; (P) 0.9038; (R1) 0.9088; More…. Intraday bias in USD/CHF remains neutral for the moment. Further decline is expected as long as 0.9101 resistance holds. Break of 0.8987 will resume the whole fall from 0.9223 and target 38.2% retracement of 0.8332 to 0.9223 at 0.8883 next. However, break of 0.9101 will turn […]