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Daily Pivots: (S1) 1.1124; (P) 1.1164; (R1) 1.1202; More…. Intraday bias in EUR/USD remains neutral and more consolidations could be seen below 1.1213. But further rally is expected as long as 1.1001 support holds. Above 1.1213 will resume the rise from 1.0665 to 1.1274 high. Firm break there will resume larger up trend. Next near […]

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EUR/JPY Daily Outlook

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23/04/2024

EUR/JPY Mid-Day Outlook

Daily Pivots: (S1) 164.55; (P) 164.82; (R1) 165.25; More… EUR/JPY’s breach of 165.33 resistance argues that larger up trend is resuming. Intraday bias is back on the upside. Further rally would be seen to 169.96 key resistance next. Nevertheless, break of 164.39 minor support will turn intraday bias neutral again first. In the bigger picture, […]
29/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 140.50; (P) 141.16; (R1) 142.08; More… Intraday bias in USD/JPY remains on the downside for the moment. Current fall from 151.89 would target 136.63 fibonacci level. On the upside, above 142.84 minor resistance will turn intraday bias neutral gain. But recovery should be limited below 144.94 resistance to bring another decline. In […]
26/04/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9773; (P) 0.9786; (R1) 0.9801; More… Intraday bias in EUR/CHF stays mildly on the upside at this point. Rise from 0.9563 would target a retest on 0.9847. Decisive break there will resume larger rally from 0.9252 high. On the downside, below 0.9708 minor support will turn intraday bias to the downside for […]