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Daily Pivots: (S1) 1.6433; (P) 1.6498; (R1) 1.6603; More… Intraday bias in EUR/AUD is turned neutral first with current retreat. Some consolidations would be seen below 1.6559. But further rally is expected as long as 1.6305 resistance turned support holds. Above 1.6559 will resume the rise from 1.5963 to 1.6598 key resistance. Decisive break there […]

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EUR/USD Daily Outlook

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11/10/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.92; (P) 162.76; (R1) 163.35; More…. Intraday bias in EUR/JPY remains neutral for the moment. On the upside, firm break of 163.47/86 resistance will resume the rebound from 154.40 to 61.8% retracement of 175.41 to 154.40 at 167.38. On the downside, break of 158.09 will bring deeper fall back to 154.40/155.14 support […]
06/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8437; (P) 0.8520; (R1) 0.8606; More… USD/CHF recovered after dipping to 0.8431 and intraday bias is turned neutral first. Some consolidations would be seen but upside should be limited by 0.8711 resistance. Below 0.8431 will resume the fall from 0.9223 to retest 0.8332 low. In the bigger picture, price actions from 0.8332 […]
17/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.68; (P) 192.24; (R1) 192.84; More.. Intraday bias in GBP/JPY remains neutral as range trading continues. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. Nevertheless, decisive break of 189.97 support will indicate that it’s at least correcting the rise from 178.32, and target 38.2% […]