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Daily Pivots: (S1) 1.2154; (P) 1.2202; (R1) 1.2264; More… GBP/USD’s recovery from 1.2099 extends higher today, but stays well below 1.2486 support turned resistance. Intraday bias remains neutral at this point. Larger fall from 1.3433 is still expected to continue. On the downside, break of 1.2099 will resume the decline to 100% projection of 1.3433 […]

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USD/JPY Mid-Day Outlook

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06/01/2025

USD/JPY Daily Outlook

Daily Pivots: (S1) 156.92; (P) 157.24; (R1) 157.62; More… USD/JPY is staying in consolidations below 158.06 and intraday bias remains neutral. Further rally is expected as long as 155.94 support holds. On the upside, break of 158.06 will resume the rally from 139.57 to 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25. Firm […]
29/11/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9624; (P) 0.9642; (R1) 0.9660; More… Sideway trading continues in EUR/CHF and intraday bias stays neutral. Further rally is still expected and decisive break of 0.9691 resistance will carry larger bullish implication, and target 0.9840 resistance next. However, break of 0.9595 support will indicate short term topping, and turn bias back to […]
08/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3445; (P) 1.3472; (R1) 1.3488; More… Intraday bias in USD/CAD remains neutral for the moment as sideway trading continues. On the upside, break of 1.3540 will resume the rise from 1.3176. That will also revive that case that whole fall from 1.3897 has completed, and target this resistance. Nevertheless, firm break of […]