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Daily Pivots: (S1) 1.1124; (P) 1.1164; (R1) 1.1202; More…. EUR/USD recovers mildly today but stays in range below 1.1213. Intraday bias remains neutral and more consolidations could still be seen. But further rally is expected as long as 1.1001 support holds. Above 1.1213 will resume the rise from 1.0665 to 1.1274 high. Firm break there […]

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02/11/2024

EUR/JPY Weekly Outlook

EUR/JPY’s rally extended to 166.67 last week but turned sideway since then. Initial bias remains neutral this week for consolidations first. Further rally is in favor as long as 55 D EMA (now at 162.96) holds. Sustained break of 61.8% retracement of 175.41 to 154.40 at 167.38 will pave the way to retest 175.41 high. […]
16/10/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9375; (P) 0.9397; (R1) 0.9413; More…. Intraday bias in EUR/CHF remains neutral as it’s still bounded in converging range. On the upside, break of 0.9506 resistance should resume whole rebound from 0.9209 through 0.9579 resistance. On the downside, break of 0.9332 will resume the fall from 0.9579 towards 0.9209 low. In the […]
20/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1043; (P) 1.1064; (R1) 1.1107; More….. Intraday bias in EURUSD remains on the upside for the moment. Current rise should target 1.1138 resistance, and then 161.8% projection of 1.0665 to 1.0947 from 1.0776 at 1.1232. On the downside, below 1.1029 minor support will turn intraday bias neutral and bring consolidations first. But […]