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Daily Pivots: (S1) 151.59; (P) 152.08; (R1) 152.62; More… USD/JPY is still bounded in consolidation below 153.87 and intraday bias stays neutral. Further rally is in favor with 151.44 support intact. Sustained trading above of 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 high. However, considering bearish divergence […]

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26/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3450; (P) 1.3493; (R1) 1.3517; More… Intraday bias in USD/CAD remains neutral for the moment. Further rally is expected as long as 1.3414 minor 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 break […]
05/03/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 150.05; (P) 150.31; (R1) 150.78; More… No change in USD/JPY’s outlook as consolidation from 150.87 is extending. Intraday bias stays neutral for the moment. 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, […]
03/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6492; (P) 0.6508; (R1) 0.6534; More…. Intraday bias in AUD/USD is turned neutral again with current recovery. For now, risk will stay on the downside as long as 0.6538 minor resistance holds. Below 0.6480 will target 0.6442 support. Firm break there will resume whole decline from 0.6870 and target 61.8% projection of […]