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Daily Pivots: (S1) 1.3937; (P) 1.3975; (R1) 1.4024; More… Intraday in USD/CAD remains on the upside for retesting 1.4078 resistance. Firm break there will resume the whole rally from 1.3538. Next target is 61.8% projection of 1.3725 to 1.4078 from 1.3886 at 1.4104, and then 100% projection at 1.4239. On the downside, below 1.3976 minor […]

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11/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9443; (P) 0.9459; (R1) 0.9490; More… Intraday bias in EUR/CHF remains neutral for the moment and some consolidations would be seen above 0.9402 first. Further fall is expected as long as 0.9543 resistance holds. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. In the bigger picture, medium […]
14/02/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0404; (P) 1.0435; (R1) 1.0498; More… EUR/USD is extending the corrective pattern from 1.0176 with another upleg and intraday bias stays neutral. Outlook will remain bearish as long as 38.2% retracement of 1.1213 to 1.0176 at 1.0572 holds. On the downside, break of 1.0176 will resume whole fall from 1.1213. However, decisive […]
09/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 160.28; (P) 160.84; (R1) 161.35; More… Intraday bias in USD/JPY remains neutral for the moment, as range trading continues. Further rally is expected with 160.25 minor support intact. On the upside, break of 161.94 temporary top will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. […]