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Daily Pivots: (S1) 196.69; (P) 197.36; (R1) 198.48; More… Intraday bias in GBP/JPY remains on the upside at this point. As noted before, corrective pullback from 199.96 could have completed at 195.01. Further rise should be seen for retesting 199.96 high. Firm break there will resume the rally from 184.35. On the downside, below 196.21 […]

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29/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6598; (P) 1.6646; (R1) 1.6735; More… EUR/AUD rose to 1.6692 but retreated since then. Intraday bias is neutral for the moment first. The breach of 1.6671 resistance suggests that rebound from 1.6127 is resuming. More importantly, whole correction from 1.7062 should have completed with three waves down to 1.6127. Further rise is […]
11/04/2025

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3920; (P) 1.4015; (R1) 1.4080; More… USD/CAD’s fall from 1.4791 resumed by breaking through 1.4026 and intraday bias is back on the downside. Sustained break of 1.3946 will carry larger bearish implication. Next target is 100% projection of 1.4791 to 1.4150 from 1.4414 at 1.3773. On the upside, break of 1.4150 support […]
15/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8795; (P) 0.8819; (R1) 0.8862; More…. Intraday bias in USD/CHF remains mildly on the upside at this point. Consolidation from 0.8884 could have completed with three waves to 0.8728. Further rise should be seen to retest 0.8891 resistance first. Firm break there will resume whole rise from 0.8332. Next target is 61.8% […]