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Daily Pivots: (S1) 1.0872; (P) 1.0891; (R1) 1.0902; More… EUR/USD dips notably today but stays above 1.0843 support. Intraday bias remains neutral and more consolidations could be seen. Further decline is expected as long as 1.0995 resistance holds. Below 1.0843 will target 1.0722 support next. Decisive break there will argue that whole rise from 1.0447 […]

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USD/JPY Mid-Day Outlook

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04/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9424; (P) 0.9484; (R1) 0.9519; More… Despite today’s recovery, further decline is expected in EUR/CHF with 0.9543 minor resistance intact. Retest of 0.9507/16 support zone should be seen next. Decisive break there will resume larger down trend. On the upside, touching 0.9543 minor resistance will delay the bearish case and turn intraday […]
27/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1140; (P) 1.1171; (R1) 1.1192; More…. EUR/USD is extending consolidation below 1.1200 and intraday bias remains neutral. Downside of retreat should be contained above 1.0007 resistance turned support to bring another rally. Above 1.1200 will resume recent rally to 161.8% projection of 1.0665 to 1.0947 from 1.0776 at 1.1232, and then 1.1274 […]
16/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 153.34; (P) 153.89; (R1) 154.83; More… USD/JPY’s rally is still in progress and intraday bias stays on the upside. Current up trend should target 155.20 fibonacci projection level next. On the downside, below 154.12 minor support will turn intraday bias neutral and bring consolidations again, before staging another rally. In the bigger […]