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Daily Pivots: (S1) 148.89; (P) 150.30; (R1) 151.13; More… Further decline in USD/JPY is expected with 151.94 minor resistance intact, despite loss in downside momentum. Sustained trading below 38.2% retracement of 139.57 to 156.74 at 150.18 will argue that whole rise from 139.57 could have completed. Deeper fall should then be seen to 61.8% retracement […]

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EUR/CHF Daily Outlook

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USD/CHF Mid-Day Outlook

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13/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8748; (P) 0.8772; (R1) 0.8796; More…. Intraday bias in USD/CHF remains neutral at this point. On the downside, sustained break of 0.8741 will argue that the whole rebound from 0.8332 might have completed, and bring deeper fall to 0.8550 support. Nevertheless, strong bounce from current level will retain near term bullishness. Further […]
18/12/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4217; (P) 1.4244; (R1) 1.4272; More… Intraday bias in USD/CAD stays on the upside for the moment. Current up trend is in progress for 1.4391 projection level. On the downside, break of 1.4242 minor support will turn intraday bias neutral again first, and bring deeper pull back to channel support (now at […]
23/09/2024

EUR/AUD Weekly Outlook

EUR/AUD’s extended decline last week suggests that rebound from 1.6256 has completed at 1.6629 already. Nevertheless, as a temporary low was formed at 1.6315, initial bias is neutral this week first. Risk will stay on the downside as long as 1.6629 resistance holds. Below 1.6315 will bring retest of 1.6256. Firm break there will resume […]