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Daily Pivots: (S1) 1.0545; (P) 1.0574; (R1) 1.0625; More… EUR/USD is still bounded in consolidations above 1.0495 temporary low and intraday bias remains neutral. Outlook stays bearish with 1.0760 support turned resistance intact. . On the downside, firm break of 1.0495 will resume the fall from 1.1213 to 1.0447 support and then 1.0404 key fibonacci […]

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EUR/JPY Daily Outlook

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26/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6490; (P) 0.6515; (R1) 0.6543; More… Intraday bias in AUD/USD remains on the upside for the moment. Sustained break of 55 D EMA (now at 0.6527) will argue that fall from 0.6870 has completed, and bring further rally to 0.6643 resistance next. On the downside, though, break of 0.6464 minor support will […]
09/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 160.28; (P) 160.84; (R1) 161.35; More… Intraday bias in USD/JPY stays neutral at this point. Further rally is expected with 160.25 minor support intact. On the upside, break of 161.94 temporary top will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. Nevertheless, break of 160.25 […]
16/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.88; (P) 159.35; (R1) 160.10; More… Range trading continues in EUR/JPY and intraday bias remains neutral. Further rise is mildly in favor as long as 157.19 minor support holds. Firm break of 100% projection of 153.15 to 158.55 from 155.06 at 160.46 will pave the way to 161.8% projection at 163.79. However, […]