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Daily Pivots: (S1) 148.89; (P) 149.42; (R1) 149.81; More… No change in USD/JPY’s outlook for now. Recovery from 146.52 is seen as a corrective move. Upside should be limited by 150.92 support turned resistance. On the downside, below 148.22 minor support will bring retest of 146.52 low first. Sustained trading below 61.8% retracement of 139.57 […]

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EUR/USD Mid-Day Outlook

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EUR/AUD Daily Outlook

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06/12/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3996; (P) 1.4039; (R1) 1.4068; More… No change in USD/CAD’s outlook as consolidation continues below 1.4177. Intraday bias remains neutral and further rally is expected with 1.3930 support intact. On the upside, firm break of 1.4177 will resume larger up trend towards 1.4391 projection level. However, break of 1.3926 will turn bias […]
19/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.00; (P) 148.20; (R1) 148.83; More… USD/JPY’s break of 146.06 support argues that rebound from 141.67 has completed at 149.35 already, after rejection by 38.2% retracement of 161.94 to 141.67 at 149.41. Intraday bias is back on the downside for retesting 141.67. Firm break there will resume the whole fall from 161.94 […]
02/02/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8562; (P) 0.8603; (R1) 0.8655; More…. Intraday bias in USD/CHF remains neutral at this point. On the downside, below 0.8550 will resume the fall from 0.8727 for 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this low. On the upside, firm break of 0.8727 […]