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Daily Pivots: (S1) 1.6494; (P) 1.6528; (R1) 1.6573; More… Intraday bias in EUR/AUD remains neutral as range trading continues. On the downside, decisive break of 1.6450 support will argue that whole rebound from 1.6127 has completed with three waves up to 1.6742 already. Near term outlook will be turned bearish for 1.6127 again, to extend […]

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EUR/USD Mid-Day Outlook

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20/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0846; (P) 1.0877; (R1) 1.0906; More… EUR/USD is extending consolidation above 1.0843 temporary low and intraday bias stays neutral. Outlook remains bearish with 1.0995 resistance intact. On the downside, break of 1.0843 will resume the fall from 1.1138 to 1.0722 support. Sustained break there will argue that whole rise from 1.0447 has […]
25/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 152.68; (P) 154.33; (R1) 155.56; More… USD/JPY’s fall from 161.94 continues today and there is no sign of bottoming. Intraday bias remains on the downside for 151.89 resistance turned support. Decisive break there will argue that large scale correction is underway to 148.66 fibonacci level. On the upside, above 154.09 minor resistance […]
20/02/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9494; (P) 0.9504; (R1) 0.9522; More… EUR/CHF’s rise from 0.9252 is trying to resume by breaching 0.9510 and intraday bias is back on the upside. Further rally should be seen to 0.9574 fibonacci level next. On the downside, below 0.9466 minor support will turn intraday bias neutral again first. In the bigger […]