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Daily Pivots: (S1) 1.1139; (P) 1.1161; (R1) 1.1185; More…. EUR/USD falls notably today but stays in range above 1.1001 support. Intraday bias remains neutral and further rally is expected. On the upside, above 1.1200 will target 1.1274 high. Firm break there will resume larger up trend. However, firm break of 1.1001 will indicate near term […]

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06/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.54; (P) 162.99; (R1) 163.38; More… EUR/JPY dips notably today as range trading from 163.70 extends. Intraday bias stays neutral first. On the downside, break of 161.67 minor support will bring deeper decline to 38.2% retracement of 153.15 to 163.70 at 159.66, as corrective pattern from 163.70 resumes. Nevertheless, firm break of […]
15/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8625; (P) 0.8643; (R1) 0.8669; More…. Intraday bias in USD/CHF is mildly on the downside at this point. Rebound from 0.8431 might have completed at 0.8701 already. Deeper fall would be seen back to retest 0.8431 low. On the upside, however, firm break of 38.2% retracement of 0.9223 to 0.8431 at 0.8734 […]
22/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.02; (P) 157.38; (R1) 157.78; More… USD/JPY is staying in range above 155.36 temporary low and intraday bias remains neutral. Further decline is expected with 158.85 resistance intact. Below 155.36 will target 38.2% retracement of 140.25 to 161.94 at 153.65. On the upside, above 158.85 resistance will turn bias back to the […]