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Daily Pivots: (S1) 150.17; (P) 150.44; (R1) 150.81; More… No change in USD/JPY’s outlook as range trading is still continuing. Intraday bias stays neutral at this point. In case of deeper retreat, downside should be contained by 148.79 resistance turned support to bring rebound. On the upside, break of 150.87 will resume 140.25 to 151.89/93 […]

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10/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0906; (P) 1.0936; (R1) 1.0961; More… Intraday bias in EUR/USD remains neutral as range trading continues. On the downside break of 1.0876 will resume the fall from 1.1138 short term top to 1.0722 support next. However, break of 1.0997 will turn bias back to the upside for retesting 1.1138 high instead. In […]
27/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8457; (P) 0.8472; (R1) 0.8487; More….. Intraday bias in USD/CHF remains on the downside for retesting 0.8431 support. Firm break there will resume whole decline from 0.9223 towards 0.8332 low. On the upside, above 0.8540 minor resistance will turn intraday bias neutral. But risk will stay on the downside as long as […]
14/03/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0924; (P) 1.0944; (R1) 1.0968; More… EUR/USD is still capped below 1.0980 resistance despite current recovery. Intraday bias remains neutral first. Further rise is in favor as long as 55 4H EMA (now at 1.0904) holds. Above 1.0980 will resume the rally from 1.0694 to retest 1.1138 high. However, sustained break of […]