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Daily Pivots: (S1) 162.98; (P) 163.29; (R1) 163.69; More…. EUR/JPY is still struggling to break through 163.47/86 resistance zone and intraday bias remains neutral. On the upside, firm break of 163.47/86 resistance will resume the rebound from 154.40 to 61.8% retracement of 175.41 to 154.40 at 167.38. On the downside, break of 158.09 will bring […]

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EUR/USD Daily Outlook

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EUR/USD Mid-Day Outlook

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24/06/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0669; (P) 1.0695; (R1) 1.0719; More…. Intraday bias in EUR/USD remains neutral as range trading continues above 1.0667. Further fall is expected with 1.0760 resistance intact. Decline from 1.0915 is seen as another leg in the larger corrective pattern. Break of 1.0667 will target 1.0601 and below. However, firm break of 1.0760 […]
18/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.70; (P) 192.27; (R1) 192.86; More.. Range trading continues in GBP/JPY and intraday bias stays neutral. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. Nevertheless, decisive break of 189.97 support will indicate that it’s at least correcting the rise from 178.32, and target 38.2% […]
31/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9526; (P) 0.9566; (R1) 0.9587; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. While more consolidations could be seen, further decline is expected as long as 0.9641 support turned resistance holds. Rebound from 0.9476 should have completed as a corrective move at 0.9772. Below 0.9519 will bring retest of […]