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Daily Pivots: (S1) 0.9496; (P) 0.9521; (R1) 0.9521; More…. EUR/CHF’s rebound from 0.9209 short term bottom is still in progress. Intraday bias stays on the upside for 55 D EMA (now at 0.9592). On the downside, below 0.9423 minor support will turn intraday bias neutral first. In the bigger picture, medium term corrective pattern from […]

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EUR/JPY Mid-Day Outlook

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17/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 172.21; (P) 172.57; (R1) 173.00; More… Intraday bias in EUR/JPY remains neutral at this point. Corrective fall from 175.41 could still extend lower. But downside should be contained by 170.87 and bring rebound. On the upside, above 173.42 will turn bias back to the upside for retesting 175.41. However, firm break of […]
07/03/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2694; (P) 1.2728; (R1) 1.2765; More… Intraday bias in GBP/USD remains on the upside at this point. Rise from 1.2517 should target 1.2826 resistance first. Firm break there will resume whole rally from 1.2036, and target 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005 next. On the downside, below 1.2689 […]
29/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6515; (P) 0.6535; (R1) 0.6554; More… Intraday bias in AUD/USD remains on the upside as rise from 0.6361 short term bottom is in progress. Fall from 0.6870 might have completed at 0.6361 already. Further rally would be seen to 0.6643 resistance next. On the downside, below 0.6516 minor support will turn intraday […]