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Daily Pivots: (S1) 1.0843; (P) 1.0855; (R1) 1.0869; More….. Intraday bias in EUR/USD remains neutral for consolidations above 1.0825 temporary low. Further decline is expected as long as 1.0896 minor resistance holds. Below 1.0825 will target 55 D EMA (now at 1.0815). Sustained break there will argue that whole rebound from 1.0601 has completed with […]

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USD/JPY Mid-Day Outlook

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03/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 141.13; (P) 141.67; (R1) 142.54; More… Intraday bias in USD/JPY remains neutral, and further decline is in favor as long as 142.84 minor resistance holds. Break of 140.25 will resume fall from 151.89 and target 136.63 fibonacci level. Nevertheless, break of 142.84 will turn bias back to the upside for stronger rebound. […]
05/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 173.97; (P) 174.21; (R1) 174.61; More… Intraday bias in EUR/JPY is turned neutral first with current retreat, and some consolidations would be seen below 174.50. Further rally is expected as long as 170.87 resistance turned support holds, in case of deeper retreat. Firm break of 174.50 will target 138.2% projection of 164.01 […]
21/08/2024

USD/CHF Mid-Days Outlook

Daily Pivots: (S1) 0.8507; (P) 0.8572; (R1) 0.8605; More….. USD/CHF’s fall from 0.8747 is still in progress and intraday bias remains on the downside for retesting 0.8431. Firm break there will resume whole decline from 0.9223 towards 0.8332. On the upside, above 0.8616 minor resistance will turn intraday bias neutral first. But risk will stay […]