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Daily Pivots: (S1) 146.53; (P) 147.03; (R1) 147.91; More… Focus is now on 148.01 resistance as rebound from 142.66 extends. Firm break there will indicate that consolidations pattern from 148.64 has completed. Further rise should then be seen to resume the rally from 139.87, to 61.8% retracement of 158.86 to 139.87 at 151.22. In the […]

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USD/CAD Daily Outlook

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16/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8526; (P) 0.8547; (R1) 0.8579; More…. While USD/CHF’s rebound could extend higher, overall outlook will stay bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8487 minor support will bring retest of 0.8332 low first. However, decisive break of 0.8665 will rise the change of larger trend […]
13/02/2025

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4263; (P) 1.4303; (R1) 1.4350; More… Intraday bias USD/CAD remains neutral for the moment. On the downside, sustained break of 1.4260 cluster support (38.2% retracement of 1.3418 to 1.4791 at 1.4267) will indicate that larger scale correction is underway. Intraday bias will be back on the downside for 61.8% retracement at 1.3942. […]
28/01/2025

USD/JPY Daily Outlook

Daily Pivots: (S1) 153.40; (P) 154.82; (R1) 155.94; More… USD/JPY recovered after dipping to 153.70 and intraday bias is turned neutral first. On the upside, break of 156.74 resistance will indicate that fall from 158.86 has completed as a correction. Intraday bias will be back on the upside for 158.86 and above to resume the […]