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Daily Pivots: (S1) 158.86; (P) 159.62; (R1) 160.35; More… EUR/JPY’s rally resumed by breaking through 161.25 temporary top and intraday bias is back on the upside. Rise from 154.77 is seen as another rising leg in the consolidation pattern from 154.40. Next target is 164.89 resistance. For now, further rise is expected as long as […]

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31/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9319; (P) 0.9343; (R1) 0.9370; More… Intraday bias in EUR/CHF is turned neutral first with current recovery. While fall from 0.9471 could extend lower, strong support is still expected above 0.9252 low to bring rebound. On the upside, above 0.9388 minor resistance will turn bias back to the upside. Further break of […]
27/01/2025

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0431; (P) 1.0476; (R1) 1.0541; More… EUR/USD’s rebound from 1.0176 short term bottom is in progress and intraday bias stays on the upside for 38.2% retracement of 1.1213 to 1.0176 at 1.0572. Decisive break there will raise the chance of bullish reversal, and target 61.8% retracement at 1.0817. Nevertheless, rejection by 1.0572 […]
11/03/2025

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.4370; (P) 1.4422; (R1) 1.4490; More… USD/CAD’s current upside acceleration argues that rise from 1.4150 is already the second leg of the corrective pattern 1.4791 high. Break of 1.4541 will target 100% projection of 1.4150 to 1.4541 from 1.4238 at 1.4629 and above. But for now, strong resistance is expected from 1.4791 […]