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Daily Pivots: (S1) 144.41; (P) 145.47; (R1) 147.51; More… USD/JPY’s rebound from 139.57 short term bottom resumed by breaking through 146.47 resistance. Intraday bias is back on the upside for 38.2% retracement of 161.94 to 139.57 at 148.11. Decisive break there will argue that whole fall from 161.95 has completed ahead of 139.26 fibonacci level, […]

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USD/JPY Mid-Day Outlook

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USD/CAD Daily Outlook

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01/03/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.24; (P) 149.97; (R1) 150.74; More… Intraday bias in USD/JPY stays neutral for the moment. On the upside, decisive break of 150.87 will resume whole rally from 140.25 to retest 151.89/93 key resistance zone. On the other hand, considering bearish divergence condition in 4H MACD, firm break of 149.20 will confirm short […]
31/10/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8646; (P) 0.8672; (R1) 0.8700; More… Intraday bias in USD/CHF remains neutral as consolidation continues below 0.8699 temporary top. Further rally remains in favor as long as 55 D EMA (now at 0.8609) holds. On the upside, decisive break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall […]
11/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3363; (P) 1.3383; (R1) 1.3399; More… Intraday bias in USD/CAD is turned neutral with current retreat. But further rally is in favor as long as 1.3286 minor support holds. Above 1.3413 will resume the rebound from 1.3176 to 38.2% retracement of 1.3897 to 1.3176 at 1.3451. Firm break there will pave the […]