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Daily Pivots: (S1) 158.46; (P) 158.83; (R1) 159.59; More… EUR/JPY recovered quickly after dipping to 158.06. Some support is seen from 158.55 resistance turned support and rising channel for now. Intraday bias stays neutral first. On the downside, sustained break of 158.55 will argue that rebound from 153.15 has completed at 161.84 already. Fall from […]

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12/09/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8421; (P) 0.8443; (R1) 0.8463; More… Intraday bias in EUR/GBP remains neutral as consolidation from 0.8399 short term bottom is extending. Stronger recovery might be seen but upside should be limited by 38.2% retracement of 0.8624 to 0.8399 at 0.8485. Break of 0.8399 will bring retest of 0.8382 low. Firm break there […]
01/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.21; (P) 147.86; (R1) 148.88; More… Intraday bias in USD/JPY remains neutral for the moment. On the upside, sustained break of 55 4H EMA (now at 148.54) will argue that corrective fall from 151.89 has completed with three waves down to 146.65. Intraday bias would be back on the upside for 149.66 […]
15/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9047; (P) 0.9074; (R1) 0.9094; More…. No change in USD/CHF’s outlook. Intraday bias stays neutral and further decline is in favor as long as 55 4H EMA (now at 0.9080) holds. On the downside, break of 0.9005 and sustained trading below 55 D EMA (now at 0.9009) will bring deeper fall to […]