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Daily Pivots: (S1) 0.9707; (P) 0.9723; (R1) 0.9741; More…. EUR/CHF’s rally from 0.9476 continues today and intraday bias stays on the upside. Further rally would be seen to retest 0.9928 resistance. Firm break there will resume whole rally from 0.9252. On the downside, below 0.9680 minor support will turn intraday bias neutral first. In the […]

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14/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6295; (P) 1.6324; (R1) 1.6357; More… No change in EUR/AUD’s outlook and intraday bias stays neutral. While stronger recovery might be seen, further decline is expected as long as 1.6494 resistance holds. Fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Break of 1.6216 will turn […]
17/03/2024

EUR/USD Weekly Outlook

EUR/USD’s fall last week indicates short term topping at 1.0980. Initial bias stays on the downside this week for 55 D EMA (now at 1.0853). Sustained break there will argue that rebound from 1.0694 has completed and bring retest of this low. For now, risk will stay on the downside as long as 1.0980 resistance […]
29/11/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.72; (P) 162.35; (R1) 162.78; More…. Intraday bias in EUR/JPY remains on the downside at this point. Corrective fall from 164.29 is in progress and deeper decline should be seen to 100% projection of 164.29 tot 161.22 from 163.77 at 160.63 and possibly below. But strong support should be seen from 159.75 […]