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Daily Pivots: (S1) 0.8698; (P) 0.8736; (R1) 0.8762; More… Intraday bias in USD/CHF is turned neutral with current retreat, and some consolidations would be seen below 0.8773 temporary top first. Further rally is still expected as long as 0.8614 support holds. Above 0.8773 will resume the rise from 0.8374 for 61.8% retracement of 0.9223 to […]

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02/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.60; (P) 161.11; (R1) 162.01; More…. Intraday bias in EUR/JPY remains neutral as range trading continues below 163.86. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the downside, however, firm break of 159.80 […]
12/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6551; (P) 0.6567; (R1) 0.6584; More… AUD/USD recovers today but stays inside range below 0.6689. Intraday bias remains neutral for the moment, and risk stays mildly on the downside. Break of 0.6524 will affirm the case of rejection by channel resistance, and resume the fall from 0.6689 short term top to 55 […]
31/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.77; (P) 187.21; (R1) 187.91; More… Intraday bias in GBP/JPY stays neutral at this point, and consolidation from 188.90 could extend. Further rally is expected as long as 186.14 support holds. Break of 188.90, and sustained trading above 188.63, will confirm up trend resumption. Next target is 38.2% projection of 155.33 to […]