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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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30/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0816; (P) 1.0851; (R1) 1.0889; More… EUR/USD is staying above 1.0812 temporary low and intraday bias remains neutral for now. Further decline is mildly in favor as long as 1.0931 resistance holds. On the downside, break of 1.0812 will resume the fall from 1.1138 to 1.0722 support. On the upside, above 1.0931 […]
20/11/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 153.70; (P) 154.25; (R1) 155.21; More… USD/JPY rebounded after dipping to 153.27 and the break of 155.35 minor resistance suggests that pull back from 156.74 has completed. Intraday bias is back on the upside. Break of 156.74 will resume the whole rally from 139.57 towards 161.94 high. On the downside, though, break […]
19/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2418; (P) 1.2452; (R1) 1.2469; More… Intraday bias in GBP/USD is back on the downside as fall from 1.2892 resumes. Deeper decline would be seen to 100% projection of 1.2892 to 1.2538 from 1.2708 at 1.2354. Firm break there will target 161.8% projection at 1.2207 next. On the upside, above 1.2483 resistance […]