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Daily Pivots: (S1) 162.18; (P) 162.51; (R1) 162.84; More…. Intraday bias in EUR/JPY remains neutral as range trading continues. On the upside, firm break of 163.86 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 161.00 minor support will turn bias back to […]

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15/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0981; (P) 1.1014; (R1) 1.1046; More….. Intraday bias in EUR/USD remains on the upside for the moment. Current rise from 1.0665 in in progress for 100% projection of 1.0665 to 1.0947 from 1.0776 at 1.1058. Decisive break there could prompt upside acceleration through 1.1138 resistance to 161.8% projection at 1.1232. On the […]
11/03/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2809; (P) 1.2852; (R1) 1.2902; More… Intraday bias in GBP/USD is turned neutral first with current retreat. Some consolidations would be seen below 1.2892 temporary top first. But further rally will remain in favor as long as 55 4H EMA (now at 1.2735) holds. On the upside, above 1.2892 will resume larger […]
04/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 142.18; (P) 142.96; (R1) 144.07; More… USD/JPY’s rebound from 140.25 short term bottom is in progress. Intraday bias stays on the upside for 38.2% retracement of 151.89 to 140.25 at 144.69. On the downside, below 142.21 minor support will bring retest of 140.25 low instead. In the bigger picture, fall from 151.89 […]