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Daily Pivots: (S1) 1.0917; (P) 1.0944; (R1) 1.0974; More… EUR/USD’s fall from 1.1138 short term top is trying to resume by breaking 1.0892 temporary low. Intraday bias is back on the downside for 1.0722 support first. Sustained break there will argue that whole rise from 1.0447 has completed, and break deeper fall back to this […]

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EUR/JPY Weekly Outlook

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31/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9319; (P) 0.9343; (R1) 0.9370; More… Intraday bias in EUR/CHF is turned neutral first with current recovery. While fall from 0.9471 could extend lower, strong support is still expected above 0.9252 low to bring rebound. On the upside, above 0.9388 minor resistance will turn bias back to the upside. Further break of […]
14/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6460; (P) 1.6512; (R1) 1.6547; More… No change in EUR/AUD’s outlook as sideway trading continues. Intraday bias stays neutral at this point. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen […]
11/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.57; (P) 156.33; (R1) 157.52; More… USD/JPY retreats ahead of 157.70 resistance and intraday bias stays neutral. On the upside, break of 157.70 will resume the whole rise from 151.86 and target 160.20 high. Nevertheless, break of 154.53 will turn bias to the downside for 151.86 support and possibly below, as the […]