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Daily Pivots: (S1) 155.31; (P) 156.56; (R1) 158.68; More… Intraday bias in USD/JPY is turned neutral with current retreat and breach of 156.39 minor support. Some consolidations would be seen first, but further rally is expected as long as 153.15 support holds. On the upside, above 157.91 will resume the rise from 139.57, and target […]

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14/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6247; (P) 1.6280; (R1) 1.6320; More… EUR/AUD is staying in consolidation above 1.6161 temporary low and intraday bias remains neutral. Risk will stay mildly on the downside as long as 1.6598 holds, in case of stronger rebound. On the downside, break of 1.6161 will resume the decline from 1.6590 to target a […]
24/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8891; (P) 0.8908; (R1) 0.8930; More… USD/CHF’s sharp decline suggests that recovery from 0.8819 has completed at 0.8923, after rejection by 55 4H EMA. Intraday bias is back on the downside for 0.8819. Firm break there will resume whole fall from 0.9223. Next target is 61.8% retracement of 0.8332 to 0.9223 at […]
20/04/2024

USD/JPY Weekly Outlook

USD/JPY rose further to 154.77 last week but retreated since then. Initial bias stays neutral this week first. Break of 154.77 will resume larger up trend. But considering bearish divergence condition in 4H MACD, strong resistance should be seen from 155.20 fibonacci level to bring correction on first attempt. On the downside, break of 153.58 […]