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Daily Pivots: (S1) 143.60; (P) 144.67; (R1) 146.46; More… USD/JPY retreated after hitting 145.90 and intraday bias is turned neutral. Overall near term outlook will stay bearish as long as 38.2% retracement of 158.86 to 139.87 at 147.12 holds. Break of 141.96 will argue that the rebound has completed as a corrective move. Retest of […]

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24/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0669; (P) 1.0695; (R1) 1.0719; More…. Intraday bias in EUR/USD remains neutral first and consolidation from 1.0667 could extend. But further fall is expected with 1.0760 resistance intact. Decline from 1.0915 is seen as another leg in the larger corrective pattern. Break of 1.0667 will target 1.0601 and below. In the bigger […]
06/03/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.12; (P) 149.15; (R1) 149.91; More… Intraday bias in USD/JPY is back on the downside with break of 148.08 temporary low. Fall from 158.86, as the third leg of the corrective pattern from 161.94 high, has resumed. Sustained break of 61.8% retracement of 139.57 to 158.86 at 146.32 will pave the way […]
18/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6715; (P) 0.6735; (R1) 0.6749; More… Intraday bias in AUD/USD remains neutral for the moment. Further rally is expected as long as 0.6709 minor support holds. On the upside, above 0.6798 will resume the rally from 0.6361 and target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837. Decisive break there […]