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Daily Pivots: (S1) 1.6730; (P) 1.6767; (R1) 1.6805; More… Intraday bias in EUR/AUD is turned neutral with current retreat and some more consolidations would be seen. But further rally is expected as long as 1.6573 resistance turned support holds. Above 1.6800 will resume the rally from 1.5963 to retest 1.7180 high next. In the bigger […]

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08/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0813; (P) 1.0827; (R1) 1.0854; More…. Intraday bias in EUR/USD remains on the upside, as rise from 1.0665 is in progress for retesting 1.0915 resistance. Firm break there will target 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0919 next. On the downside, below 1.0802 minor support will turn intraday bias […]
19/11/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.93; (P) 195.54; (R1) 196.71; More… Intraday bias in GBP/JPY is turned neutral first as consolidation from 194.28 extends. But further decline is expected as long as 198.43 resistance holds. Corrective rise from 180.00 could have completed with three waves up to 199.79, after hitting channel resistance. Below 194.28 will target 193.45 […]
25/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 147.34; (P) 148.02; (R1) 149.05; More… USD/JPY’s retreat from 148.79 extends lower today but stays well above 145.97 resistance turned support. Intraday bias remains neutral at this point, and further rally remains in favor. Corrective fall from 151.89 should have completed at 140.25 already. Break of 148.79 will resume the rise from […]