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Daily Pivots: (S1) 0.9484; (P) 0.9560; (R1) 0.9605; More…. EUR/CHF retreated ahead of 100% projection of 0.8204 to 0.9516 from 0.9331 at 0.9643 and intraday bias is turned neural for some consolidations. Further rally is expected as long as 0.9516 resistance turned support holds. ON the upside, firm break of 0.9634 will target 0.9928 key […]

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EUR/JPY Daily Outlook

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USD/JPY Mid-Day Outlook

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29/11/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 150.97; (P) 151.46; (R1) 152.05; More… USD/JPY’s fall from 156.74 resumed after brief consolidations and intraday bias is back on the downside. Sustained trading below 38.2% retracement of 139.57 to 156.74 at 150.18 will argue that whole rise from 139.57 could have completed. Deeper fall should then be seen to 61.8% retracement […]
26/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 170.74; (P) 171.07; (R1) 171.43; More… Intraday bias in EUR/JPY remains neutral at this point. Some consolidations could be seen first but further rally will remain in favor as long as 169.31 support hold, for 61.8% projection of 164.01 to 170.87 from 167.52 at 171.75. However, firm break of 169.31 will turn […]
13/09/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3562; (P) 1.3584; (R1) 1.3602; More… Intraday bias in USD/CAD remains neutral first and further decline is in favor. On the downside, below 1.3545 minor support will bring retest of 1.3439 low first. However, firm break of 1.3617 will turn bias back to the upside for stronger rebound instead. In the bigger […]