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Daily Pivots: (S1) 0.9368; (P) 0.9387; (R1) 0.9400; More…. EUR/CHF is staying in range trading above 0.9359 and intraday bias remains neutral. Risk will stay on the downside as long as 0.9516 resistance holds. Corrective rebound from 0.9204 might have completed at 0.9516 already. Firm break of 0.9336 support will solidify this bearish case and […]

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EUR/AUD Daily Outlook

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USD/JPY Mid-Day Outlook

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02/11/2024

AUD/USD Weekly Report

AUD/USD’s fall from 0.6941 continued last week but formed a temporary low at 0.6536, ahead of 61.8% retracement of 0.6269 to 0.6941 at 0.6526. Initial bias remains neutral this week for consolidations first. Further decline is expected as long as 55 D EMA (now at 0.6700) holds. On the downside, sustained break of 0.6526 will […]
08/01/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.49; (P) 157.96; (R1) 158.54; More… Intraday bias in USD/JPY stays mildly on the upside for the moment. Rise from 139.57 is still in progress for 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25. Firm break there will e target 161.94 high. However, break of 156.01 support will indicate short […]
13/02/2025

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4263; (P) 1.4303; (R1) 1.4350; More… Intraday bias USD/CAD remains neutral for the moment. On the downside, sustained break of 1.4260 cluster support (38.2% retracement of 1.3418 to 1.4791 at 1.4267) will indicate that larger scale correction is underway. Intraday bias will be back on the downside for 61.8% retracement at 1.3942. […]