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Daily Pivots: (S1) 142.42; (P) 142.81; (R1) 143.45; More… Intraday bias in USD/JPY remains on the upside for the moment. Rebound from 139.87 should target 100% projection of 139.87 to 144.02 from 141.96 at 146.11. But still, near term outlook will stay bearish as long as 38.2% retracement of 158.86 to 139.87 at 147.12 holds. […]

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11/09/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3570; (P) 1.3593; (R1) 1.3633; More… USD/CAD’s recovery is still limited by 1.3617 resistance and intraday bias remains neutral. Further decline will remain in favor as long as 1.3617 resistance holds. On the downside, below 1.3545 minor support will bring retest of 1.3439 low first. However, firm break of 1.3617 will turn […]
01/04/2025

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0783; (P) 1.0816; (R1) 1.0848; More… EUR/USD dips slightly today but stays well above 1.0731 support. Intraday bias remains neutral first. On the upside, break of 1.0857 resistance will indicate that correction from 1.0963 has completed already. Retest of 1.0953 should be seen first. Firm break there will resume the rally from […]
17/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8533; (P) 0.8541; (R1) 0.8555; More… Intraday bias in EUR/GBP remains neutral at this point. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has completed at 0.8601. Intraday bias will be back on the downside for retesting 0.8497 low next. On the upside, break […]