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Daily Pivots: (S1) 158.88; (P) 159.36; (R1) 160.02; More…. EUR/JPY’s fall from 164.29 is in progress and intraday bias stays on the downside. Sustained break of 161.8% projection of 164.29 to 161.22 from 163.70 at 158.73 will target 154.32 cluster support (38.2% retracement of 139.05 to 164.29 at 154.64). On the upside, above 159.83 minor […]

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EUR/GBP Daily Outlook

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15/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6054; (P) 1.6072; (R1) 1.6096; More… Intraday bias in EUR/AUD remains neutral as consolidation from 1.5996 continues. While another recovery cannot be ruled out, further decline is expected as long as 1.6211 resistance holds. Break of 1.5996 will resume larger fall to 1.5846 support next. In the bigger picture, fall from 1.7062 […]
08/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2773; (P) 1.2796; (R1) 1.2837; More… Rise from 1.2612 is in progress, and intraday bias in GBP/USD remains on the upside for 1.2859 resistance. Firm break there will resume the rally from 1.2298 and target 61.8% projection of 1.2298 to 1.2859 from 1.2612 at 1.2959. Decisive break there would prompt upside acceleration […]
19/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3519; (P) 1.3536; (R1) 1.3550; More… No change in USD/CAD’s outlook and intraday bias stays on the upside. Further rise should be seen to retest 1.3605 resistance first. Firm break there will resume whole rally from 1.3176. On the downside, however, break of 1.3458 minor support will turn bias back to the […]