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Daily Pivots: (S1) 171.74; (P) 172.10; (R1) 172.73; More… EUR/JPY’s rally continues today and intraday bias stays on the upside. Next target is 100% projection of 164.01 to 170.87 from 167.52 at 174.38. On the downside, below 171.36 minor support will turn intraday bias neutral and bring consolidations first. But outlook will remain bullish as […]

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27/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.5995; (P) 1.6068; (R1) 1.6137; More… Intraday bias in EUR/AUD stays on the downside for the moment. Current decline is expected to continue to 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there will target 1.5846 key support next. For now, risk will stay on the downside as […]
31/07/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.86; (P) 197.17; (R1) 198.37; More… Intraday bias in GBP/JPY is back on the downside with breach of 195.84 temporary low. Fall from 208.09 is probably a larger scale correction and should target 185.49 fibonacci level. Nevertheless, on the upside, firm break of 199.45 resistance will mix up the outlook and turn […]
02/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0715; (P) 1.0745; (R1) 1.0771; More…. Outlook in EUR/USD is unchanged and intraday bias stays neutral. On the upside, firm break of 55 D EMA will argue that pull back from 1.0915 has completed. Further rise should be seen back to 1.0915 resistance. However, break of 1.0665 will resume larger down trend […]