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Daily Pivots: (S1) 147.34; (P) 148.02; (R1) 149.05; More… USD/JPY’s retreat from 148.79 extends lower today but stays well above 145.97 resistance turned support. Intraday bias remains neutral at this point, and further rally remains in favor. Corrective fall from 151.89 should have completed at 140.25 already. Break of 148.79 will resume the rise from […]

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12/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6217; (P) 1.6277; (R1) 1.6318; More… EUR/AUD is still bounded in range above 1.6211 and intraday bias stays neutral. On the downside, firm break of 1.6211 support will resume the whole decline from 1.6742, as the third leg of the correction from 1.7062. Further fall should be seen through 1.6127 support. On […]
06/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9364; (P) 0.9386; (R1) 0.9399; More…. Intraday bias in EURCHF remains neutral with focus on 0.9351 support. Firm break there, will resume the decline from 0.9579 to retest 0.9209 low. Further decline will remain in favor as long as 0.9455 resistance holds, in case of recovery. In the bigger picture, medium term […]
23/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3673; (P) 1.3713; (R1) 1.3739; More… No change in USD/CAD’s outlook as retreat from 1.3845 is extending. Intraday bias stays neutral at this point. Downside should be contained by 1.3660 support to bring another rally. On the upside, firm break of 1.3845 will resume the whole rally from 1.3716 to 1.3976 key […]