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Daily Pivots: (S1) 156.31; (P) 157.47; (R1) 158.15; More…. Intraday bias in EUR/JPY remains on the downside as fall from 163.86 is extending lower. Retest of 154.40 low should be seen first. Firm break there will resume whole decline from 175.41 to 153.15 support. On the upside, above 158.62 minor resistance will turn intraday bias […]

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08/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8556; (P) 0.8570; (R1) 0.8585; More…. Intraday bias in EUR/GBP is turned neutral as a temporary low is formed at 0.8552. Some consolidations could be seen and stronger recovery cannot be ruled out. But upside should be limited by 0.8648 support turned resistance to bring another fall. Below 0.8552 will target 0.8491 […]
26/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6507; (P) 0.6545; (R1) 0.6576; More… A temporary low should be in place at 0.6513 with current recovery. Intraday bias is turned neutral for consolidations. Further decline is expected as long as 55 4H EMA (now at 0.6639) holds. Sustained break of 61.8% retracement of 0.6361 to 0.6798 at 0.6528 will pave […]
04/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 173.66; (P) 174.09; (R1) 174.87; More… Intraday bias in EUR/JPY stays on the upside for the moment. Decisive break of 100% projection of 164.01 to 170.87 from 167.52 at 174.38 will target 138.2% projection at 177.00. On the downside, below 173.07 minor support will turn intraday bias neutral and bring consolidations first. […]