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Daily Pivots: (S1) 0.8045; (P) 0.8069; (R1) 0.8104; More… USD/CHF’s rally is still in progress and intraday bias stays on the upside for 100% projection of 0.7828 to 0.8075 from 0.7872 at 0.8119. Break there will extend the corrective rally from 0.7828 to 138.2% projections at 0.8213. On the downside, below 0.8037 minor support will […]

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08/01/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.49; (P) 157.96; (R1) 158.54; More… Intraday bias in USD/JPY stays mildly on the upside for the moment. Rise from 139.57 is still in progress for 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25. Firm break there will e target 161.94 high. However, break of 156.01 support will indicate short […]
05/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3397; (P) 1.3436; (R1) 1.3507; More… Intraday bias in USD/CAD remains neutral at this point. 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. Nevertheless, firm break of 1.3342 support will argue that rebound from 1.3176 […]
25/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8813; (P) 0.8868; (R1) 0.8907; More… Intraday bias in USD/CHF remains on the downside for the moment. Fall from 0.9223 is in progress for 61.8% retracement of 0.8332 to 0.9223 at 0.8672. For now, risk will stay on the downside as long as 0.8923 resistance holds, in case of recovery. In the […]