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Daily Pivots: (S1) 1.0739; (P) 1.0760; (R1) 1.0787; More…. Intraday bias in EUR/USD remains neutral for the moment. Fall from 1.0915 is seen as another falling leg of the corrective pattern from 1.1274. Further decline could be seen to retest 1.0601 support next. On the upside, above 1.0780 minor resistance will turn intraday bias neutral […]

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30/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 153.91; (P) 156.95; (R1) 159.37; More… USD/JPY is extending consolidation from 160.20 and intraday remains neutral. Strong support could be seen from 38.2% retracement of 146.47 to 160.20 at 154.95 to bring recovery. But break of 160.20 is not envisaged for now. However, firm break of 154.95 will turn bias to the […]
03/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 156.77; (P) 157.07; (R1) 157.58; More…. USD/JPY dips mildly today but stays in range of 156.36/157.70. Intraday bias remains neutral for the moment. On the downside, decisive break of 156.36 minor support will confirm short term topping at 157.70, on bearish divergence condition in 4H MACD. Intraday bias will be back on […]
05/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1048; (P) 1.1071; (R1) 1.1107; More…. Outlook in EUR/USD remains unchanged and intraday bias stays neutral. While retreat from 1.1200 might extend lower, rally from 1.0665 is in favor to continue as long as 1.0947 resistance turned support holds. Above 1.1104 minor resistance will bring retest of 1.1200 first. Break there will […]