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Daily Pivots: (S1) 153.91; (P) 154.90; (R1) 155.79; More… Range trading continues in USD/JPY above 153.70 and intraday bas remains neutral. Deeper fall is mildly in favor as long as 156.74 resistance holds. Break of 153.70 will resume the fall from 158.86 to 38.2% retracement of 139.57 to 158.86 at 151.49. Nevertheless, break of 156.74 […]

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01/11/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9380; (P) 0.9399; (R1) 0.9417; More…. No change in EUR/CHF’s outlook as range trading continues. Intraday bias stays neutral for the moment. On the downside, break of 0.9332 will resume the fall from 0.9579 towards 0.9209 low. On the upside, break of 0.9506 will turn intraday bias to the upside for 0.9579 […]
24/09/2024

AUD/USD Mid-Day Report

Daily Pivots: (S1) 0.6806; (P) 0.6830; (R1) 0.6862; More… AUD/USD’s rally is still in progress and intraday bias remains on the upside for 61.8% projection of 0.6348 to 0.6823 from 0.6621 at 0.6915. On the downside, below 0.6736 minor support will turn intraday bias neutral first. But outlook will remain cautiously bullish as long as […]
04/10/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 146.37; (P) 146.80; (R1) 147.40; More… Intraday bias in USD/JPY stays on the upside as rebound from 139.57 short term bottom is in progress 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. Further rally […]