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Daily Pivots: (S1) 0.8646; (P) 0.8672; (R1) 0.8700; More… Intraday bias in USD/CHF remains neutral and more consolidations could be seen below 0.8699 temporary top. But further rally remains in favor as long as 55 D EMA (now at 0.8608) holds. On the upside, decisive break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 […]

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EUR/USD Mid-Day Outlook

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29/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6540; (P) 1.6569; (R1) 1.6612; More… Intraday bias in EUR/AUD remains neutral for consolidations below 1.6642 temporary top. Further rally is expected as long as 1.6384 support holds. Corrective fall from 1.7062 should have completed with three waves down to 1.5998. Above 1.6642 will target 1.6742 resistance. Decisive break there will argue […]
28/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 199.85; (P) 200.14; (R1) 200.67; More… Intraday bias in GBP/JPY remains on the upside for 100% projection of 191.34 to 180.07 from 195.02 at 200.75. Strong resistance could be seen there to limit upside. But upside should be limited there. On the downside, below 198.25 minor support will turn intraday bias back […]
11/10/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 148.04; (P) 148.79; (R1) 149.33; More… With a temporary top formed at 149.58, intraday bias in USD/JPY is turned neutral first. Further rally is expected as long as 145.91 minor support holds. Rise from 139.57 is s seen as the second leg of the corrective pattern from 161.94. Break of 149.58 will […]