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Daily Pivots: (S1) 1.0599; (P) 1.0665; (R1) 1.0708; More… No change in EUR/USD’s outlook and intraday bias stays on the downside. Current fall is part of the decline from 1.1138. Next target is 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536 next. On the upside, above 1.0723 support turned resistance will turn intraday […]

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22/07/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 202.75; (P) 203.47; (R1) 203.97; More… Intraday bias in GBP/JPY is back on the downside with breach of 20208 temporary low. Fall from 208.09 is resuming, as a correction to whole rise from 178.32. Next target is 55 D EMA (now at 201.02). Sustained break there will target 38.2% retracement of 178.32 […]
30/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 153.91; (P) 156.95; (R1) 159.37; More… USD/JPY is extending consolidation from 160.20 and intraday remains neutral. Strong support could be seen from 38.2% retracement of 146.47 to 160.20 at 154.95 to bring recovery. But break of 160.20 is not envisaged for now. However, firm break of 154.95 will turn bias to the […]
22/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0870; (P) 1.0889; (R1) 1.0903; More…. Intraday bias in EUR/USD stays neutral and further rise is in favor as long as 1.0871 minor support holds. Break of 1.0947 will target 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0979. However, firm break of 1.0871 will turn bias to the downside for […]