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Daily Pivots: (S1) 0.8600; (P) 0.8624; (R1) 0.8660; More…. Intraday bias in EUR/GBP stays neutral as consolidation from 0.8548 is still extending. Further decline is expected as long as 0.8648 support turned resistance holds. On the downside, break of 0.8548 will resume the decline from 0.8764 to retest 0.8419 low next. However, sustained break of […]

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01/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.68; (P) 161.31; (R1) 162.02; More…. EUR/JPY recovered after hitting 100% projection of 164.29 tot 161.22 from 163.77 at 160.63. Intraday bias is turned neutral first. While further decline cannot be ruled out, downside should be contained by 159.75 key support to complete the correction from 164.29. Meanwhile, break of 162.24 minor […]
02/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9480; (P) 0.9522; (R1) 0.9549; More…. Intraday bias in EUR/CHF remains on the downside for the moment. Current fall form 0.9928 should target 100% projection of 0.9928 to 0.94767 from 0.9772 at 0.9320. On the upside, above 0.9519 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another […]
12/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6038; (P) 1.6062; (R1) 1.6101; More… EUR/AUD recovered ahead of 1.5996 low as consolidations continued. Intraday bias remains neutral first. Also, outlook stays bearish as long as 1.6211 support turned resistance holds. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break […]