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Daily Pivots: (S1) 151.61; (P) 151.77; (R1) 152.02; More… Intraday bias in USD/JPY remains neutral at this point as range trading continues. On the downside, break of 150.80 will turn bias back to the downside for deeper pull back to 55 D EMA (now at 149.73). On the upside, however, sustained break of 151.93 key […]

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30/11/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0947; (P) 1.0982; (R1) 1.1004; More… While EUR/USD’s pull back from 1.1016 extends lower today, it’s holding well above 1.0851 support. Intraday bias remains neutral first, and further rally is still expected. On the upside, firm break of 1.1016 will resume the rise from 1.0447 to 1.1274 resistance next. But strong resistance […]
02/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3196; (P) 1.3230; (R1) 1.3283; More… Intraday bias in USD/CAD stays neutral at this point and some more consolidations could be seen. On the downside, break of 1.3176 will resume the fall from 1.3897 to 1.3091 support and possibly below. Nevertheless, considering bullish convergence condition in 4H MACD, break of 1.3284 will […]
30/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0780; (P) 1.0821; (R1) 1.0842; More…. Intraday bias in EUR/USD is back on the downside with break of 1.0804 support. Deeper fall would be seen to 1.0752 resistance turned support. Firm break there will argue that rebound from 1.0601 has completed, and bring retest of this low. For now, risk will be […]