Daily Pivots: (S1) 0.9265; (P) 0.9298; (R1) 0.9327; More… Range trading continues in USD/CHF and outlook is unchanged. Intraday bias stays on the downside, and further decline is in favor with 0.9378 resistance intact. On Read more…
Daily Pivots: (S1) 132.90; (P) 133.25; (R1) 133.86; More… A short term bottom should be formed at 130.55 in USD/JPY, on bullish convergence condition in 4 hour MACD. Intraday bias is back on the upside. Read more…
Daily Pivots: (S1) 0.6712; (P) 0.6744; (R1) 0.6766; More… Intraday bias in AUD/USD stays neutral at this point. On the downside, sustained break of 38.2% retracement of 0.6169 to 0.6892 at 0.6616 will indicate rejection Read more…
Daily Pivots: (S1) 1.3466; (P) 1.3542; (R1) 1.3599; More…. Intraday bias in USD/CAD remains mildly on the downside. Corrective recovery from 1.3224 might have finished at 1.3704 already. Deeper fall would be seen to 1.3383 Read more…
Daily Pivots: (S1) 0.9868; (P) 0.9896; (R1) 0.9917; More…. EUR/CHF’s consolidation from 0.9953 is still in progress and intraday bias stays neutral. On the upside, firm break of 0.9953 resistance will resume larger rally from Read more…
Daily Pivots: (S1) 0.8808; (P) 0.8835; (R1) 0.8870; More… Intraday bias in EUR/GBP remains on the upside at this point. Fall from 0.9267 might have completed at 0.8545 already. Further rally would be seen to Read more…
Daily Pivots: (S1) 1.5750; (P) 1.5785; (R1) 1.5832; More… EUR/AUD is still bounded in consolidation from 1.5976 and intraday bias stays neutral. Further rally will remain in favor as long as 1.5441 support holds. Break Read more…
Daily Pivots: (S1) 160.22; (P) 160.58; (R1) 160.97; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Further decline is expected as long as 162.24. Break of 158.57 will target 161.8% projection of Read more…
USD/JPY: Looking at the H4 chart, my overall bias for USDJPY is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to Read more…
Daily Pivots: (S1) 141.34; (P) 141.80; (R1) 142.47; More…. A short term bottom should be formed in EUR/JPY at 138.79 with current rebound. Intraday bias is back on the upside for 55 day EMA (now Read more…