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Daily Pivots: (S1) 1.0704; (P) 1.0719; (R1) 1.0744; More… Intraday bias in EUR/USD stays neutral as consolidation continues above 1.0694. Outlook will remain bearish as long as 1.0804 resistance holds. Below 1.0694 will resume the fall from 1.1138 to retest 1.0447 support. Nevertheless, considering bullish convergence condition in 4H MACD, above 1.0804 will turn bias […]

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USD/JPY Daily Outlook

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USD/JPY Mid-Day Outlook

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10/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9290; (P) 0.9306; (R1) 0.9332; More… Intraday bias in EUR/CHF stays neutral as consolidation from 0.9252 is still extending. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend to 100% projection […]
12/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 184.10; (P) 185.29; (R1) 186.86; More… Intraday bias in GBP/JPY is turned neutral with current recovery.. But further decline is expected as long as 189.77 resistance holds. Below 183.70 will bring retest of 180.00 low. Break there will resume whole fall from 208.09 to 175.94 fibonacci level. In the bigger picture, price […]
31/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0798; (P) 1.0822; (R1) 1.0855; More…. Focus is now on 1.0894 in EUR/USD with today’s strong bounce. Firm break there will resume whole rally from 1.0601, and target 61.8% projection of 1.0601 to 1.0894 from 1.0788 at 1.0969. For now, risk will stay on the upside as long as 1.0788 support holds, […]