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Daily Pivots: (S1) 1.0849; (P) 1.0898; (R1) 1.0968; More… While EUR/USD continues to lose momentum as seen in 4H MACD, there is no clear sign that a correction is imminent yet. Further rise is in favor as long as 1.0804 support holds. Sustained trading above 161.8% projection of 1.0176 to 1.0531 from 1.0358 at 1.0932 […]

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USD/JPY Mid-Day Outlook

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23/01/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 154.78; (P) 155.51; (R1) 156.24; More… Intraday bias in USD/JPY stays neutral first. Correction from 158.86 could still extend with another falling leg. Sustained trading below 55 D EMA (now at 154.64) will target 38.2% retracement of 139.57 to 158.86 at 151.49 next. However, firm break of 158.86 will resume the whole […]
11/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.09; (P) 152.66; (R1) 153.73; More… No change in USD/JPY’s outlook and intraday bias remains on the upside. Sustained break of 61.8% projection of 140.25 to 150.87 from 146.47 at 153.03 will target 155.20 projection level next. On the downside, below 151.95 support will turn intraday bias neutral again. But outlook will […]
21/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8817; (P) 0.8839; (R1) 0.8865; More… Intraday bias in USD/CHF remains neutral as consolidation from 0.8916 is extending. Further rally is expected as long as 0.8773 resistance turned support holds. On the upside, break of 0.8916 and sustained trading above 61.8% retracement of 0.9223 to 0.8374 at 0.8899 will pave the way […]