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Daily Pivots: (S1) 1.0701; (P) 1.0719; (R1) 1.0753; More…. Intraday bias in EUR/USD remains neutral and some more consolidations could be seen above 1.0667. Further fall is expected as long as 55 4H EMA (now at 1.0765) holds. Fall from 1.0915 is seen as another leg in the larger corrective pattern. Below 1.0677 will target […]

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22/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9475; (P) 0.9500; (R1) 0.9523; More…. EUR/CHF is staying in consolidation below 0.9579 and intraday bias remains neutral for the moment. Further rally is expected as long as 0.9448 support holds. Sustained break of 55 D EMA (now at 0.9581) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive break […]
05/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 154.13; (P) 155.31; (R1) 156.07; More…. Intraday bias in USD/JPY remains neutral for the moment. Risk will stay on the downside as long as 157.70 resistance holds. Fall from there is seen as the third leg of the corrective pattern from 160.20. On the downside, break of 154.53 will target 153.59 support […]
06/02/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 148.33; (P) 148.62; (R1) 148.96; 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, […]