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Daily Pivots: (S1) 1.0803; (P) 1.0839; (R1) 1.0866; More…. Intraday bias in EUR/USD stays on the downside for the moment. Fall from 1.1213 is in progress for 61.8% retracement of 1.0447 to 1.1213 at 1.0740 next. Firm break there will target 1.0601 support next. On the upside, above 1.0900 minor resistance will turn intraday bias […]

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EUR/GBP Mid-Day Outlook

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16/04/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0608; (P) 1.0636; (R1) 1.0653; More… A temporary low is in place at 1.0601 in EUR/USD with 4H MACD crossed above signal line. Intraday bias is turned neutral for consolidations first. While stronger recovery cannot be ruled out, upside should be limited by 1.0723 support turned resistance. On the downside, break of […]
06/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 142.79; (P) 143.51; (R1) 144.17; More… Intraday bias in USD/JPY remains on the downside for retesting 141.67 low. Firm break there will resume whole decline from 161.95 high, for 140.25 support next. On the upside, above 144.22 minor resistance will turn intraday bias neutral first. But risk will stay on the downside […]
07/01/2024

EUR/JPY Weekly Outlook

EUR/JPY’s rebound from 153.15 resumed by breaking through 158.55 last week. Initial bias stays on the upside this week for further rally to 100% projection of 153.15 to 158.55 from 155.06 at 160.46. For now, risk will stay mildly on the upside as long as 155.06 support holds, in case of retreat. In the bigger […]