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Daily Pivots: (S1) 0.7988; (P) 0.8002; (R1) 0.8019; More…. USD/CHF recovered after edging lower to 0.7984 and intraday bias is turned neutral first. The current favored case is that corrective rebound from 0.7871 has completed at 0.8170. Below 0.7984 will target 0.7910 support, and then retest 0.7871. However, break of 0.8103 resistance will turn bias […]

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EUR/USD Daily Outlook

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EUR/USD Mid-Day Outlook

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05/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 160.92; (P) 161.30; (R1) 161.66; More… Intraday bias in USD/JPY remains neutral for the moment and some more consolidations could be seen first. Further rally is expected as long as 160.25 minor support holds. Break of 161.94 will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at […]
07/06/2025

USD/CAD Weekly Outlook

USD/CAD’s decline from 1.4791 resumed last week but lost momentum again ahead of 61.8% projection of 1.4414 to 1.3749 from 1.4014 at 1.3603. Initial bias is turned neutral this week first. Considering bullish convergence condition in 4H MACD, firm break of 1.3741 will indicate short term bottoming. Stronger rebound then be seen to 1.4014 resistance, […]
14/01/2025

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9150; (P) 0.9176; (R1) 0.9196; More… Intraday bias in USD/CHF remains neutral for the moment. More consolidations could be seen and deeper pullback cannot be ruled out. But near term outlook will stay bullish as long as 0.9007 support holds, in case of deep retreat. On the upside, decisive break of 0.9223 […]