EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0787; (P) 1.0807; (R1) 1.0833; More… Intraday bias in EUR/USD remains neutral as consolidations from 1.0760 is extending. Further decline is expected as long as 1.0871 resistance holds. Below 1.0760 will target 61.8% retracement of 1.0447 to 1.1213 at 1.0740. Firm break there will target 1.0601 support next. However, considering bullish convergence […]

Daily Pivots: (S1) 0.8502; (P) 0.8524; (R1) 0.8538; More…. Intraday bias in EUR/GBP remains neutral as range trading continues above 0.8507. For now, strong support is still expected from 55 D EMA (now at 0.8498), to complete the correction from 0.8624. Break of 0.8591 resistance will argue that rise from 0.8382 is ready to resume […]

Daily Pivots: (S1) 151.86; (P) 153.54; (R1) 154.43; More… Intraday bias in USD/JPY is back on the downside with breach of 151.93 temporary low. decisive break of 151.89 resistance turned support will argue that large scale correction is underway to 148.66 fibonacci level. On the upside, break of 155.21 resistance will mix up the outlook […]