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Daily Pivots: (S1) 164.21; (P) 164.79; (R1) 165.77; More… Intraday bias in EUR/JPY remains on the upside for the moment. Current rally should target 61.8% projection of 153.15 to 163.70 from 160.20 at 166.71. On the downside, Below 163.81 minor support will turn intraday bias neutral and bring consolidations first, before staging another rally. In […]

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29/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8610; (P) 0.8647; (R1) 0.8678; More…. Intraday bias in USD/CHF remains neutral as consolidation continues below 0.8727. On the downside, below 0.8605 will resume the pull back from 0.8727 to 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this low. On the upside, firm […]
18/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 154.03; (P) 155.26; (R1) 156.11; More.. Intraday bias in EUR/JPY stays neutral as consolidation from 153.15 is extending. Outlook will stay bearish as long as 157.67 resistance holds. Break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In the bigger picture, price actions […]
04/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 144.68; (P) 145.94; (R1) 146.73; More… Intraday bias in USD/JPY remains neutral for the moment, and further rally will remain in favor as long as 143.43 support holds. Above 147.20 will target 149.35 resistance first. Firm break there will resume the rebound from 141.67 to 100% projection of 141.67 to 149.35 from […]