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Daily Pivots: (S1) 1.6292; (P) 1.6318; (R1) 1.6352; More… Intraday bias in EUR/AUD remains mildly on the downside for retesting 1.6211 low first. Firm break there will resume the whole decline from 1.6742, as the third leg of the correction from 1.7062. On the upside, above 1.6403 will resume the rebound from 1.6211 instead. In […]

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10/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 174.06; (P) 174.33; (R1) 174.70; More… Intraday bias in EUR/JPY is back on the upside as recent up trend is trying to resistance. Sustained trading above 174.50 will target 138.2% projection of 164.01 to 170.87 from 167.52 at 177.00. On the downside, however, break of 173.50 minor support will turn bias to […]
30/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.00; (P) 160.63; (R1) 161.24; More…. EUR/JPY continues to stay in range below 163.86 and intraday bias remains neutral. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the downside, however, firm break of […]

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6234; (P) 1.6319; (R1) 1.6379; More… EUR/AUD’s fall from 1.7180 is in progress and intraday bias stays on the downside for 1.5996 support. Strong support could be seen there to bring rebound. On the upside, above 1.6117 minor resistance will turn intraday bias remains neutral first. In the bigger picture, outlook is […]