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Daily Pivots: (S1) 149.01; (P) 149.58; (R1) 150.19; More… Range trading continues in USD/JPY and outlook is unchanged. Intraday bias remains neutral at this point. Corrective rise from 146.52 could have completed at 151.20 already. Risk will stay on the downside as long as 151.29 resistance holds. Below 148.69 will bring retest of 146.52 low […]

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20/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1096; (P) 1.1137; (R1) 1.1204; More…. Intraday bias in EUR/USD remains mildly on the upside with focus on 1.1200 resistance. Decisive break there will resume larger the rally from 1.0665 to 1.1274 high. Firm break there will resume larger up trend. On the downside, however, break of 1.1072 will turn bias back […]
10/04/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2645; (P) 1.2677; (R1) 1.2709; More… GBP/USD’s sharp decline argues that rebound from 1.2538 has completed at 1.2708 already. Intraday bias is back on the downside for retesting 1.2517 key support. Sustained break there will turn near term outlook bearish. For now, risk will stay mildly on the downside as long as […]
24/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9434; (P) 0.9449; (R1) 0.9460; More… EUR/CHF’s consolidation from 0.9471 is in progress and intraday bias stays neutral for the moment. Further rally is expected as long as 0.9404 minor support holds. Above 0.9471 will resume the rebound from 0.9252, as a correction to whole decline from 1.0095. Next target will be […]