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Daily Pivots: (S1) 1.6313; (P) 1.6383; (R1) 1.6448; More… Intraday bias in EUR/AUD remains on the downside for the moment. Firm break of 1.6256 support will resume whole fall from 1.7180 to 61.8% projection of 1.7180 to 1.6256 from 1.6629 at 1.6058. On the upside, above 1.6474 minor resistance will turn intraday bias neutral first. […]

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EUR/CHF Daily Outlook

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18/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0857; (P) 1.0870; (R1) 1.0896; More… Intraday bias in EUR/USD is turned neutral with 4H MACD crossed above signal line. Some consolidations could be seen but further decline is expected with 1.0995 resistance intact. break of 1.0843 will resume the fall from 1.1138 to 1.0722 support. Sustained break there will argue that […]
05/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.31; (P) 159.79; (R1) 160.52; More… Intraday bias in EUR/JPY remains neutral for the moment. On the upside, firm break of 160.25 minor resistance will indicate that rise from 153.15 is ready to resume, and turn bias back to the upside for 161.84 first. Nevertheless, break of 158.06 will now suggest that […]
09/03/2024

EUR/JPY Weekly Outlook

EUR/JPY’s fall from 163.70 extended lower to 160.54 last week but turned sideway since then. Initial bias remains neutral this week first. On the downside, break of 160.54 will target 38.2% retracement of 153.15 to 163.70 at 159.66. Sustained break there will indicate that fall from 163.70 is reversing whole rise from 153.13, and target […]