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Daily Pivots: (S1) 0.8559; (P) 0.8572; (R1) 0.8579; More… Intraday bias in EUR/GBP remains neutral for the moment. With 0.8529 support intact, further rally is in favor. Rebound from 0.8497 is seen as at least correcting the fall from 0.8764. Above 0.8601 will target 161.8% projection of 0.8497 to 0.8577 from 0.8503 at 0.8632. In […]

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02/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.76; (P) 163.65; (R1) 165.29; More… Intraday bias in EUR/JPY remains on the downside for the moment. Current fall from 175.41 should target 155.91 fibonacci level next. On the upside, above 163.41 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another decline. In the bigger picture, break […]
17/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 156.73; (P) 157.50; (R1) 158.23; More… Intraday bias in USD/JPY is turned neutral first with current retreat. Further rally would remain in favor as long as 154.53 support holds. Break of 158.25 will resume the choppy rise from 151.86 towards 160.20 high. But upside should be limited there, at least on first […]
18/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0907; (P) 1.0928; (R1) 1.0960; More…. Intraday bias in EUR/USD remains on the upside for the moment. Rally from 1.0601 is in progress and should target 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0979. On the downside, below 1.0871 minor support will turn intraday bias neutral gain first. In the […]