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Daily Pivots: (S1) 140.66; (P) 143.58; (R1) 145.08; More… Intraday bias in USD/JPY remains on the downside for the moment. Fall from 146.48 is in progress for retesting 139.578. Strong support could be seen again from 139.26 fibonacci level to bring rebound. However, firm break of 139.26 will carry larger bearish implications. In the bigger […]

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EUR/USD Mid-Day Outlook

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EUR/USD Daily Outlook

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06/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9435; (P) 0.9452; (R1) 0.9465; More… Intraday bias in EUR/CHF remains on the downside despite some loss of downside momentum. Retest of 0.9407/16 support zone should be seen. Decisive break there will resume larger down trend. On the upside, above 0.9467 minor resistance will delay the bearish case and turn intraday bias […]
15/10/2024

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3768; (P) 1.3786; (R1) 1.3816; More… Intraday bias in USD/CAD remains on the upside as rise from 1.3418 is in progress. Next target is a test on 1.3946/76 key resistance zone. On the downside, 1.3769 minor support will turn intraday bias neutral first. But further rally will be expected as long as […]
16/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 167.99; (P) 168.70; (R1) 169.30; More… Intraday bias in EUR/JPY is turned neutral with current retreat. On the downside, break of 166.73 support will argue that corrective pattern from 171.58 has started the third leg. Deeper fall would then be seen back to 164.01 support and below. For now, risk will stay […]