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Daily Pivots: (S1) 156.26; (P) 156.98; (R1) 158.04; More.. While EUR/JPY’s recovery from 153.15 could extend higher, upside should be limited below 158.36 minor resistance to bring another fall. On the downside, below 155.98 will turn bias to the downside for retesting 153.15. Break of 153.15 and sustained trading below 38.2% retracement of 139.05 to […]

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EUR/GBP Daily Outlook

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05/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6404; (P) 1.6460; (R1) 1.6506; More.. EUR/AUD recovered after dipping to 1.6412 briefly and intraday bias stays neutral. On the downside, break of 1.6412 and sustained trading below 1.6439 support will argue that whole rebound from 1.6127 has completed, and turn near term outlook bearish for this support again. Nevertheless, strong rebound […]
02/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3091; (P) 1.3145; (R1) 1.3181; More… Intraday bias in GBP/USD stays neutral as consolidation continues below 1.3265. While deeper retreat cannot be ruled out, downside should be contained well above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to 100% projection of 1.2298 […]
21/12/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8599; (P) 0.8625; (R1) 0.8654; More…. Further decline is expected in USD/CHF as long as 0.8710 resistance holds. Current fall from 0.9243 is in progress for retesting 0.8551 key support next. On the upside, however, break of 0.8710 will indicate short term bottoming, and turn bias back to the upside for stronger […]