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Daily Pivots: (S1) 161.27; (P) 162.38; (R1) 163.21; More… Intraday bias in EUR/JPY stays neutral for the moment. Overall outlook is unchanged that corrective pattern from 154.40 could extend. On the upside, break of 164.07 will target 164.89 and above. On the downside, break of 160.94 minor support will bring deeper fall through 159.74 support. […]

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25/10/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.83; (P) 164.36; (R1) 164.92; More…. A temporary top is in place at 165.00 with current retreat and intraday bias in EUR/JPY is turned neutral first. Outlook will stay bullish as long as 161.83 support holds. Above 165.00 will resume the rise from 155.14 to 61.8% retracement of 175.41 to 154.40 at […]
01/11/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2830; (P) 1.2915; (R1) 1.2984; More… GBP/USD’s decline from 1.3433 resumed by breaking through 1.2906 temporary low. Intraday bias is back on the downside for 61.8% retracement of 1.2298 to 1.3433 at 1.2732. Sustained break there will pave the way back to 1.2298 key support level next. On the upside, break of […]
04/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9005; (P) 0.9050; (R1) 0.9074; More…. Intraday bias in USD/CHF is turned neutral with current retreat. On the downside, break of 55 4H EMA (now at 0.9016) will bring deeper pullback. But downside should be contained by 0.8884 resistance turned support to bring rebound. On the upside, break of 0.9094 will resume […]