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Daily Pivots: (S1) 0.8954; (P) 0.9017; (R1) 0.9061; More… No change in USD/CHF’s outlook as consolidation from 0.9200 is still extending. Intraday bias stays neutral at this point. While deeper pull back might be seen, outlook will stay mildly bullish as long as 38.2% retracement of 0.8374 to 0.9200 at 0.8884 holds. On the upside, […]

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USD/JPY Daily Outlook

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29/10/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 152.51; (P) 153.20; (R1) 153.98; More… No change in USD/JPY’s outlook and intraday bias stays on the upside. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 high. On the downside, below 151.44 minor support will turn intraday bias neutral again first. In […]
25/03/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6490; (P) 0.6534; (R1) 0.6558; More…. Focus stays on 0.6503 support in AUD/USD. Decisive break there will indicate that larger fall from 0.6870 is ready to resume, and turn bias to the downside for 0.6442 low. For now, risk will stay on the downside as long as 0.6633 resistance holds, in case […]
11/05/2024

USD/CHF Weekly Outlook

USD/CHF stayed in consolidation above 0.9005 last week. Initial bias remains neutral this week and more sideway trading could be seen. Further decline is in favor as long as 55 4H EMA (now at 0.9087) holds. On the downside, break of 0.9005 and sustained trading below 55 D EMA (now at 0.9004) will bring deeper […]