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Daily Pivots: (S1) 0.9299; (P) 0.9346; (R1) 0.9439; More…. Intraday bias in EUR/CHF is turned neutral first with current recovery. But outlook is unchanged that rise from 0.9204 has completed as a correction to 0.9660. Further decline is expected as long as 0.9486 support turned resistance holds. Below 0.9252 will turn bias back to the […]

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USD/JPY Mid-Day Outlook

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19/02/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 151.47; (P) 151.84; (R1) 152.45; More… No change in USD/JPY’s outlook and intraday bias stays neutral for the moment. Attention remains on 38.2% retracement of 139.57 to 158.86 at 151.4. Strong rebound from there will maintain near term bullishness. On the upside, break of 154.79 will revive the case that correction from […]
22/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3621; (P) 1.3648; (R1) 1.3682; More… Intraday bias in USD/CAD remains neutral for the moment. Strong bounce from current level will confirm support by 55 D EMA (now at 1.3628). Break of 1.3689 minor resistance will argue that correction from 1.3845 has completed, and bring stronger rally to 1.3761 resistance. However, sustained […]
22/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2886; (P) 1.2930; (R1) 1.2958; More… Intraday bias in GBP/USD remains neutral first. Downside of consolidations should be contained by 1.2859 resistance turned support to bring another rally. Break of 1.3043 will resume the rise from 1.2298 and target 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, which is slightly […]