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Daily Pivots: (S1) 159.00; (P) 160.08; (R1) 161.73; More…. Intraday bias in EUR/JPY stays on the upside at this point. Rise from 155.14, ,as the third leg of the corrective pattern from 154.40, is in progress for 163.86 resistance. Break there will target 61.8% retracement of 175.41 to 154.40 at 167.38. On the downside, though, […]

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22/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8656; (P) 0.8671; (R1) 0.8692; More…. EUR/GBP’s rebound from 0.8548 is still in progress and intraday bias remains on the upside. Further rise should be seen to 0.8764 key resistance next. On the downside, however, break of 0.8633 support will turn bias back to the downside for 0.8548 support instead. In the […]
18/06/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0701; (P) 1.0719; (R1) 1.0753; More…. Intraday bias in EUR/USD remains neutral and some more consolidations could be seen above 1.0667. Further fall is expected as long as 55 4H EMA (now at 1.0765) holds. Fall from 1.0915 is seen as another leg in the larger corrective pattern. Below 1.0677 will target […]
07/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8798; (P) 0.8828; (R1) 0.8850; More…. No change in USD/CHF’s outlook as sideway consolidation continues. Intraday bias stays neutral at this point. Further rally remains in favor as long as 0.8741 support holds. Break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. Nevertheless, break of 0.8741 support […]