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Daily Pivots: (S1) 1.0877; (P) 1.0900; (R1) 1.0916; More…. EUR/USD’s retreat from 1.0921 extends lower today but stays well above 1.0805 support so far. Intraday bias remains neutral first. Some more consolidations would be seen but further rally is in favor. Firm break of 1.0915/21 will will resume whole rise from 1.0601 to 100% projection […]

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29/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9883; (P) 0.9906; (R1) 0.9929; More…. Intraday bias in EUR/CHF is turned neutral with current retreat. But further rise is expected as long as 0.9880 minor support holds. Above 0.9928 will resume whole rally from 0.9252 to 100% projection of 0.9304 to 0.9847 from 0.9563 at 1.0106, which is slightly above 1.0095 […]
03/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.09; (P) 193.43; (R1) 194.99; More.. Intraday bias in GBP/JPY remains on the downside at this point. Sustained break of 55 D EMA (now at 191.42) will extend the fall from 200.53, as correction to rise from 178.32, to 61.8% retracement of 178.32 to 200.53 at 186.80. On the upside, break of […]
05/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.79; (P) 163.15; (R1) 163.77; More… Intraday bias in EUR/JPY stays neutral first. Corrective pattern from 163.70 could extend further. Break of 161.67 minor support should push the cross through channel support (now at 161.35) to 38.2% retracement of 153.15 to 163.70 at 159.66. Nevertheless, firm break of 163.70 will resume whole […]