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Daily Pivots: (S1) 151.18; (P) 151.69; (R1) 152.47; More… Intraday bias in USD/JPY remains mildly on the upside for the moment. Corrective pullback from 156.74 could have completed at 148.64, and larger rise from 139.57 might be still in progress. Further rally would be seen to retest 156.74 first. Firm break there will target 161.94 […]

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08/11/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3819; (P) 1.3884; (R1) 1.3925; More… Intraday bias in USD/CAD remains neutral as range trading continues below 1..3958. On the downside break of 1.3822 will bring deeper pullback. But downside should be contained by 55 D EMA (now at 1.3740). On the upside, decisive break of 1.3976 will resume larger up trend. […]
10/11/2024

EUR/AUD Weekly Outlook

EUR/AUD’s steep decline last week suggests that rebound from 1.6002 has completed with three waves up to 1.6598. But as a temporary low was then formed at 1.6161, initial bias is neutral this week first. On the downside, below 1.6161 will target a test on 1.5996/6002 key support zone. For now, risk will stay mildly […]
22/10/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9351; (P) 0.9377; (R1) 0.9392; More…. EUR/CHF is staying in converging range and intraday bias stays neutral for the moment. On the downside, break of 0.9332 will resume the fall from 0.9579 towards 0.9209 low. On the upside, break of 0.9506 will turn intraday bias to the upside for 0.9579 resistance and […]