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Daily Pivots: (S1) 1.0618; (P) 1.0648; (R1) 1.0686; More… EUR/USD is staying in consolidation from 1.0601 and intraday bias stays neutral. Upside of recovery should be limited by 1.0723 support turned resistance. Break of 1.0601 will resume the fall from 1.1138 to 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536 next. In the […]

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23/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 156.33; (P) 156.58; (R1) 157.07; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. Price actions from 160.20 are seen as a corrective pattern. On the upside, break of 156.78 will resume the rise from 151.86, as the second leg, to 100% projection of 151.86 to 156.78 from 153.59 at […]
12/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 155.78; (P) 156.43; (R1) 157.41; More…. Intraday bias in EUR/JPY is turned neutral again with current recovery. But further decline is expected as long as 160.01 support turned resistance holds. Below 155.45 will bring retest of 154.40 low. Firm break there will resume whole decline from 175.41 to 153.15 support. In the […]
09/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9689; (P) 0.9705; (R1) 0.9732; More…. Intraday bias in EUR/CHF remains neutral for the moment, and some more consolidations could be seen below 0.9754 temporary top. Further rally is expected with 0.9639 support intact. On the upside, above 0.9754 will resume the rebound from 0.9476 to retest 0.9928 high. Nevertheless, break of […]