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Daily Pivots: (S1) 0.8389; (P) 0.8401; (R1) 0.8412; More…. Intraday bias in EUR/GBP is turned neutral with current recovery. Some consolidations would be seen first but outlook will stay bearish as long as 0.8498 resistance holds. Break of 0.8390 will resume larger down trend to 61.8% projection of 0.8619 to 0.8396 from 0.8498 at 0.8360. […]

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25/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0784; (P) 1.0826; (R1) 1.0850; More… Intraday bias in EUR/USD is turned neutral with current recovery and some consolidations would be seen. But risk will stay on the downside as long as 55 4H EMA (now at 1.0868) holds. Below 1.0801 will resume the fall from 1.0980 to retest 1.0694 first. Break […]
02/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6422; (P) 1.6461; (R1) 1.6511; More… Intraday bias in EUR/AUD is back on the upside with break of 1.6512 minor resistance. Further rise would be seen to 1.6671 resistance first. Decisive break there will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally […]
27/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 143.77; (P) 144.21; (R1) 144.98; More… Intraday bias in USD/JPY stays mildly on the downside despite loss of momentum. Fall from 149.35 should target 141.67 low. Firm break there will resume the whole fall from 161.94 to 140.25 support next. On the upside, above 146.47 minor resistance will turn intraday bias neutral […]