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Daily Pivots: (S1) 146.37; (P) 146.80; (R1) 147.40; More… USD/JPY’s rise from 139.57 extends higher today and intraday bias stays on the upside. The break of 38.2% retracement of 161.94 to 139.57 at 148.11 argues that whole fall from 161.95 has completed already, just ahead of 139.26 fibonacci level. Rebound from 139.67 is seen as […]

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28/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8377; (P) 0.8463; (R1) 0.8517; More…. Intraday bias in USD/CHF remains on the downside for the moment. Current fall from 0.9243 should target 138.2% projection of 0.9111 to 0.8665 from 0.8819 at 0.8203 next. On the upside, above 0.8438 minor resistance will turn intraday bias neutral first. But outlook will stay bearish […]
15/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 144.32; (P) 144.95; (R1) 145.54; More… Intraday bias in USD/JPY remains neutral at this point. Rebound from 140.25 could extend through 146.40, but upside should be limited by 61.8% retracement of 151.89 to 140.25 at 147.44. On the downside, break of 143.41 will turn bias back to the downside for retesting 140.25 […]
13/11/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 153.72; (P) 154.32; (R1) 155.23; More… Intraday bias in USD/JPY remains on the upside at this point. Current rise from 139.57 will target 61.8% projection of 141.63 to 153.87 from 151.27 at 158.8. On the downside, below 153.40 minor support will turn intraday bias neutral again first. But further rally is expected […]