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Daily Pivots: (S1) 147.57; (P) 147.97; (R1) 148.61; More… Intraday bias in USD/JPY stays neutral for the moment. More consolidations could be seen below 149.11 temporary top. But further rise is expected as long as 141.63 support holds. Rise from 139.57 is seen as the second leg of the corrective pattern from 161.94. Break of […]

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20/12/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9296; (P) 0.9325; (R1) 0.9344; More…. Intraday bias in EUR/CHF remains on the downside for the moment. Corrective rebound from 0.9204 could have completed with three waves up to 0.9417. Deeper fall would be seen to 0.9254 support first. Firm break there will bring deeper fall to 0.9209 key support again. On […]
15/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6596; (P) 1.6648; (R1) 1.6748; More… Intraday bias in EUR/AUD remains neutral as range trading continues. Outlook stays bullish with 1.6474 support intact. On the upside, above 1.6798 minor resistance will bring retest of 1.7180 resistance first. Firm break there will resume larger up trend to 1.7715 fibonacci projection level next. However, […]
05/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 151.06; (P) 151.41; (R1) 151.71; More… Intraday bias in USD/JPY is turned neutral as it recovered after dipping to 150.80. On the downside, break of 150.80 will resume the fall to 55 D EMA (now at 149.56). On the upside, however, sustained break of 151.93 key resistance will confirm long term up […]