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Daily Pivots: (S1) 1.0599; (P) 1.0665; (R1) 1.0708; More… Intraday bias in EUR/USD remains on the downside at this point. Current is part of the decline from 1.1138. Next target is 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536 next. On the upside, above 1.0723 support turned resistance will turn intraday bias neutral […]

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EUR/USD Mid-Day Outlook

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28/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 171.60; (P) 171.89; (R1) 172.38; More… Intraday bias in EUR/JPY remains on the upside as up trend continues. Next target is 100% projection of 164.01 to 170.87 from 167.52 at 174.38. On the downside, below 171.37 minor support will turn intraday bias neutral and bring consolidations first, before staging another rally. In […]
30/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.16; (P) 157.44; (R1) 157.94; More… Immediate focus is now on 156.57 minor support in USD/JPY. Decisive break there will confirm short term topping at 157.70, on bearish divergence condition in 4 H MACD. Intraday bias will be back on the downside for 153.59 support. Firm break there will target 151.86 and […]
17/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.49; (P) 159.82; (R1) 160.40; More… EUR/JPY’s rally from 153.15 resumed by breaking through 160.17 temporary top. Intraday bias is back on the upside. Further rally should be seen to 161.8% projection of 153.15 to 158.55 from 155.06 at 163.79, which is close to 164.29high). ON the downside, below 159.30 minor support […]