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Daily Pivots: (S1) 1.0860; (P) 1.0887; (R1) 1.0905; More… Intraday bias in EUR/USD remains mildly on the upside as rebound from 1.0760 short term bottom continues. But strong resistance should be seen from 55 D EMA (now at 1.0937) to limit upside. On the downside, below 1.0831 minor support will bring retest of 1.0760 first, […]

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29/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.65; (P) 147.93; (R1) 148.45; More… Intraday bias in USD/JPY remains neutral for the moment, as consolidation continues below 148.79. With 145.97 resistance turned support intact, further rally is in favor. As noted before, corrective fall from 151.89 should have completed at 140.25 already. Break of 148.79 will resume the rise from […]
12/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0936; (P) 1.0967; (R1) 1.1005; More… Range trading continues in EUR/USD and intraday bias remains neutral. On the downside break of 1.0876 will resume the fall from 1.1138 short term top to 1.0722 support next. However, break of 1.0997 will turn bias back to the upside for retesting 1.1138 high instead. In […]
04/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6346; (P) 1.6403; (R1) 1.6510; More… While EUR/AUD’s rebound from 1.6256 extended, upside is capped below 1.6580 resistance so far. Intraday bias remains neutral and fall from 1.7180 is still in favor to continue. On the downside, break of 1.6256 support will target 1.5996 key support level next. However, decisive break of […]