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Daily Pivots: (S1) 1.3508; (P) 1.3534; (R1) 1.3581; More… Intraday bias in USD/CAD is back on the upside as rebound from 1.3418 resumed by breaking through 1.3538. Further rally would be seen to 1.3646 resistance. Decisive break there will indicate that whole fall from 1.3946 has completed, and turn near term outlook bullish. However, break […]

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AUD/USD Daily Report

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18/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 146.08; (P) 146.70; (R1) 147.80; More… Intraday bias in USD/JPY remains on the upside at this point. Current rise from 140.25 should target 151.89/93 key resistance zone next. On the downside, below 146.40 minor support will turn intraday bias neutral first. But further rally will remain in favor as long as 55 […]
10/08/2024

GBP/JPY Weekly Outlook

GBP/JPY rebounded after initial dive to 180.00 last week. While further rise cannot be ruled out, outlook will stay bearish as long as 38.2% retracement of 208.09 to 180.00 at 190.73 holds. On the downside, below 184.46 minor support will turn intraday bias back to the downside for retesting 180.00 low. Break there will resume […]
02/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9373; (P) 0.9396; (R1) 0.9413; More…. Intraday bias in EUR/CHF remains neutral for consolidations above 0.9351 temporary low. As noted before, rebound from 0.9209 could have completed at 0.9579 already. Deeper fall is expected as long as 0.9455 minor resistance holds. Break of 0.9351 will target 0.9209 low next. However, break of […]