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Daily Pivots: (S1) 0.8418; (P) 0.8427; (R1) 0.8437; More… Intraday bias in EUR/GBP remains neutral for the moment and outlook is unchanged. While stronger recovery cannot be ruled out, further decline is expected as long as 0.8466 minor resistance holds. Below 0.8399 will resume the fall from 0.8624 and target 0.8382 support. Firm break there […]

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05/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9330; (P) 0.9385; (R1) 0.9415; More…. EUR/CHF dives through 100% projection of 0.9928 to 0.94767 from 0.9772 at 0.9320 today. Breach of 0.9252 low argues that larger down trend might be resuming. Intraday bias stays on the downside for 161.8% projection at 0.9041 next. On the upside, above 0.9382 minor resistance will […]
11/09/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 141.86; (P) 142.79; (R1) 143.37; More… Intraday bias in USD/JPY stays on the downside for the moment. Deeper decline would be seen to 140.25 support, and possibly further to 139.26 fibonacci level too. On the upside, above 143.70 minor resistance will turn intraday bias neutral first. But outlook will stay bearish as […]
04/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6575; (P) 1.6615; (R1) 1.6650; More… Intraday bias in EUR/AUD remains neutral at this point as consolidation from 1.6692 is extending. Overall, further rally is expected as long as 1.6450 support holds. Current development suggests that whole correction from 1.7062 should have completed with three waves down to 1.6127. Break of 1.6692 […]