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Daily Pivots: (S1) 1.1050; (P) 1.1086; (R1) 1.1144; More… Intraday bias in EUR/USD remains on the upside at this point. Current rally from 1.0447 is in progress for retesting 1.1274 high. Strong resistance should be seen from there to limit upside, at least on first attempt. On the downside, below 1.1027 minor support will turn […]

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11/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 141.86; (P) 142.79; (R1) 143.37; More… USD’s fall from 161.94 resumed by breaking through 141.76 temporary low. Intraday bias is back on the downside for 140.25 support, and possibly further to 139.26 fibonacci level too. On the upside, above 143.70 minor resistance will turn intraday bias neutral first. But outlook will stay […]
03/07/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8459; (P) 0.8478; (R1) 0.8489; More… Intraday bias in EUR/GBP is turned neutral again with current retreat. On the upside, sustained trading above 55 D EMA (now at 0.8501) will extend the rise from 0.8396 short term bottom to 0.8529 support turned resistance. Nevertheless, On the downside, break of 0.8493 support will […]
16/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9537; (P) 0.9559; (R1) 0.9595; More…. Intraday bias in EUR/CHF remains on the upside as rise form 0.9209 short term bottom is extending. Further rally should be seen to 55 D EMA (now at 0.9592). Sustained break there will target 0.9772 resistance next. On the downside, below 0.9496 minor support will turn […]