USD/JPY Daily Outlook

Daily Pivots: (S1) 146.48; (P) 146.97; (R1) 147.70; More… Intraday bias in USD/JPY is turned neutral with current recovery, but further decline is expected with 148.50 resistance intact. Break of 146.22 will resume the fall from 151.89 to 145.06 key support level. In the bigger picture, rise from 127.20 (2023 low) is seen as the […]

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USD/CHF Daily Outlook

13/05/2024

Daily Pivots: (S1) 155.38; (P) 155.65; (R1) 156.02; More… Further rise is mildly in favor in USD/JPY despite loss of upside momentum as seen in 4H MACD. Rebound from 151.86, as the second leg of the corrective pattern from 160.20, could extend towards 157.98 resistance. On the downside, break of 154.23 will suggest that the […]

29/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3417; (P) 1.3450; (R1) 1.3486; More… Intraday bias in USD/CAD remains neutral for consolidations below 1.3540. Further rally is in favor as long as 1.3414 support holds. Fall from 1.3897 should have completed at 1.3716. Break of 1.3540 will target 1.3617 cluster resistance (61.8% retracement of 1.3897 to 1.3176 at 1.3622). Decisive […]

22/07/2024