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Daily Pivots: (S1) 1.0642; (P) 1.0688; (R1) 1.0713; More… Intraday bias in EUR/USD remains mildly on the downside at this point. Recovery from 1.0601 could have completed at at 1.0752 already. Further fall would be seen for retesting 1.0601 first. Firm break there will resume larger fall and target 100% projection of 1.1138 to 1.0694 […]

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USD/JPY Daily Outlook

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11/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2500; (P) 1.2551; (R1) 1.2600; More… Intraday bias in GBP/USD remains mildly on the downside at this point. Fall from 1.2731 short term top is in progress for 55 D EMA (now at 1.2445). Sustained break there will bring retest of 1.2036 low. On the upside, above 1.2611 minor resistance will turn […]
23/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9448; (P) 0.9479; (R1) 0.9501; More…. Intraday bias in EUR/CHF remains neutral and another rally is still in favor with 0.9448 support intact. On the upside, sustained break of 55 D EMA (now at 0.9576) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive break of 0.9448 will suggest rejection […]
11/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0722; (P) 1.0762; (R1) 1.0799; More… Intraday bias in EUR/USD remains mildly on the downside for the moment. Sustained trading below 55 D EMA (now at 1.0770) will extend the fall from 1.1016 short term top to retest 1.0447 support. On the upside, above 1.0816 minor resistance will turn intraday bias neutral […]