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Daily Pivots: (S1) 1.3972; (P) 1.4005; (R1) 1.4037; More… USD/CAD is still extending consolidations below 1.4078 and intraday bias remains neutral. Further rally is expected as long as 1.3930 support holds. Break of 1.4078 will resume the rise from 1.3538 to 61.8% retracement of 1.4791 to 1.3538 at 1.4312. In the bigger picture, price actions […]

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15/11/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.60; (P) 156.01; (R1) 156.68; More… Intraday bias in USD/JPY is turned neutral first with current retreat, and some consolidations could be seen below 156.74 temporary top. Outlook will stay bullish as long as 151.27 support holds, in case of retreat. On the upside, above 156.74 will resume the rally from 139.57 […]
02/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9373; (P) 0.9396; (R1) 0.9413; More…. Intraday bias in EUR/CHF remains neutral for consolidations above 0.9351 temporary low. As noted before, rebound from 0.9209 could have completed at 0.9579 already. Deeper fall is expected as long as 0.9455 minor resistance holds. Break of 0.9351 will target 0.9209 low next. However, break of […]
28/04/2025

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.23; (P) 190.98; (R1) 192.00; More… Intraday bias in GBP/JPY remains on the upside at this point. Rise from 184.35 would target 195.95 resistance next. Firm break there will suggest that choppy decline from 199.79 has also finished too. On the downside, below 189.28 minor support will turn intraday bias neutral first. […]