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Daily Pivots: (S1) 1.3902; (P) 1.3928; (R1) 1.3969; More… Intraday bias in USD/CAD remains on the downside for the moment. Fall from 1.4078 should extend to rising channel support (now at 1.3842). Sustained break there will be a sign of bearish reversal. That is, rebound from has completed at 1.4078, and further fall would be […]

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29/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0843; (P) 1.0866; (R1) 1.0879; More…. Intraday bias in EUR/USD stays neutral as sideway trading continues. More consolidations could still be seen. On the upside, break of 1.0894 will resume the rally from 1.0601 to 1.0980 resistance next. However, break of 1.0804 will turn bias back to the downside for 1.0752 resistance […]
09/05/2025

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1181; (P) 1.1259; (R1) 1.1305; More… Intraday bias in EUR/USD remains mildly on the downside for the moment. Corrective fall from 1.1572 is still in progress to 38.2% retracement of 1.0176 to 1.1572 at 1.1039. But strong support should be seen there to bring rebound. On the upside, break of 1.1380 will […]
15/08/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 146.40; (P) 147.00; (R1) 147.91; More… Immediate focus is now on 38.2% retracement of 161.94 to 141.67 at 149.41 as USD/JPY’s rebound from 141.67 extends. Decisive break there will bring stronger rally to 61.8% retracement at 154.19, even as a corrective move. On the downside, break of 146.06 minor support will suggest […]