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Daily Pivots: (S1) 159.20; (P) 160.15; (R1) 161.07; More…. Intraday bias in EUR/JPY remains neutral and some consolidations could be seen below 161.17 temporary top. But further rally is expected as long as 155.14 support holds. Above 161.17 will resume the rise from 155.14, as the third leg of the corrective pattern from 154.40, to […]

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USD/JPY Mid-Day Outlook

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31/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8515; (P) 0.8542; (R1) 0.8566; More… EUR/GBP failed to break through 0.8563 minor resistance decisively, and intraday bias remains neutral. On the upside, firm break of 0.8563 will suggest short term bottoming, on bullish convergence condition in 4H MACD. Intraday bias will be turned to the upside for stronger rebound to 55 […]
07/11/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8666; (P) 0.8720; (R1) 0.8820; More… Intraday bias in USD/CHF stays on the upside at this point. Current rise from 0.8374 should target 61.8% retracement of 0.9223 to 0.8374 at 0.8899 next. For now, near term outlook will stay bullish as long as 0.8614 support holds, in case of retreat. In the […]
17/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0877; (P) 1.0900; (R1) 1.0916; More…. EUR/USD’s rally resumed after brief consolidations and intraday bias is back on the upside. Break of 1.0915 resistance should now extend the rise from 1.0601 to 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 […]