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Daily Pivots: (S1) 192.00; (P) 192.64; (R1) 193.49; More… GBP/JPY’s rise from 183.70, as the third leg of the corrective pattern from 180.00, is in progress and breached 193.45 resistance. Intraday bias stays on the upside for 61.8% retracement of 208.09 to 180.00 at 197.35 next. On the downside, below 190.11 minor support will turn […]

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EUR/JPY Daily Outlook

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12/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0936; (P) 1.0967; (R1) 1.1005; 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 […]
20/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0844; (P) 1.0861; (R1) 1.0886; More… Intraday bias in EUR/USD remains neutral for consolidation below 1.0894. Further rally is expected as long as 1.0810 resistance turned support holds. Break of 1.0894 will resume the rise to 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed at 1.0601 […]
08/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6427; (P) 1.6462; (R1) 1.6506; More.. Intraday bias in EUR/AUD remains neutral at this point. On the downside, break of 1.6412 and sustained trading below 1.6439 support will argue that whole rebound from 1.6127 has completed, and turn near term outlook bearish for this support again. Nevertheless, strong rebound from current level, […]