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Daily Pivots: (S1) 1.0765; (P) 1.0777; (R1) 1.0792; More… Intraday bias in EUR/USD remains as consolidation from 1.0694 is still extending. . Further decline is in favor with 1.0804 resistance intact. On the downside, below 1.0694 will resume the fall from 1.1138 to retest 1.0447 support. Nevertheless, considering bullish convergence condition in 4H MACD, above […]

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GBP/JPY Daily Outlook

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10/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8586; (P) 0.8597; (R1) 0.8612; More… Intraday bias in EUR/GBP is turned neutral with current recovery, but further decline is in favor with 0.8638 minor resistance intact. On the downside, break of 0.8585 will resume the fall from 0.8713 to 0.8548 support first. Break there will target 0.8491 low next. However, break […]
08/02/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.79; (P) 148.02; (R1) 148.42; More… Intraday bias in USD/JPY remains neutral with focus on 148.79 resistance. Firm break there will resume the rally from 140.25 to 151.89/93 key resistance zone. For now, further rise will remain in favor as long as 145.88 holds, in case of retreat. In the bigger picture, […]
18/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9393; (P) 0.9407; (R1) 0.9432; More…. Intraday bias in EUR/CHF remains neutral for the moment. With 0.9444 resistance intact, further decline is in favor. On the downside, below 0.9305 will resume the fall from 0.9579 to retest 0.9209 low. Firm break there will resume larger down trend. However, decisive break of 0.9444 […]