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Daily Pivots: (S1) 149.66; (P) 150.11; (R1) 150.51; More… USD/JPY falls notably today but stays above 149.20 supports so far. Intraday bias remains neutral first. On the upside, break of 150.87 will resume the rise from 140.25 to 151.89/93 key resistance zone. On the other hand, considering bearish divergence condition in 4H MACD, firm break […]

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USD/JPY Mid-Day Outlook

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09/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0802; (P) 1.0824; (R1) 1.0845; More…. Intraday bias in EUR/USD remains neutral for consolidations below 1.0844 temporary top. Further rally is in favor as long as 55 4H EMA (now at 1.0783) holds. On the upside, above 1.0844 will resume the rebound from 1.0665 to retest 1.0915 resistance. Firm break there will […]
04/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8982; (P) 0.9019; (R1) 0.9051; More… Intraday bias in USD/CHF remains neutral for the moment. Further rise is mildly in favor as long as 0.8956 support holds. Above 0.9049 will affirm the case that corrective fall from 0.9223 has completed at 0.8825. Further rally would then be seen to 0.9157 resistance next. […]
05/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8564; (P) 0.8574; (R1) 0.8589; More…. Intraday bias in EUR/GBP remains on the downside for the moment. As noted before, rebound from 0.8491 should have completed as a corrective move at 0.8764. Deeper fall should be seen to retest 0.8491 low first. Firm break there will resume larger down trend. On the […]