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Daily Pivots: (S1) 152.12; (P) 153.40; (R1) 154.08; More… Intraday bias in USD/JPY remains neutral for the moment. Outlook is unchanged that corrective fall from 158.86 should have completed at 150.92 already. Risk will stay on the upside as long as 150.92 support holds. Above 154.79 will target a retest on 158.86 first. Firm break […]

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21/01/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0311; (P) 1.0373; (R1) 1.0478; More… Intraday bias in EUR/USD remains neutral at this point. The failure to break through 1.0435 resistance keeps another decline in favor. On the downside, firm break of 1.0176 will resume whole fall from 1.1213. However, decisive break of 1.0435 will confirm short term bottoming, and turn […]
22/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3621; (P) 1.3648; (R1) 1.3682; More… Intraday bias in USD/CAD remains neutral for the moment. Strong bounce from current level will confirm support by 55 D EMA (now at 1.3628). Break of 1.3689 minor resistance will argue that correction from 1.3845 has completed, and bring stronger rally to 1.3761 resistance. However, sustained […]
10/03/2025

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.26; (P) 147.73; (R1) 148.51; More… Intraday bias in USD/JPY stays on the downside at this point. Sustained trading below 61.8% retracement of 139.57 to 158.86 at 146.32 will pave the way to 139.57 support. On the upside, 149.32 minor resistance will turn intraday bias neutral and bring consolidations again, before staging […]