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Daily Pivots: (S1) 181.68; (P) 184.38; (R1) 185.95; More… GBP/JPY’s recovery from 180.00 extends higher today but stays well below 193.23 resistance. Intraday bias remains neutral first and further decline is in favor. On the downside, below 183.10 minor support will bring retest of 180.00 first. Break there will resume the fall from 208.09 to […]

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11/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 156.31; (P) 157.47; (R1) 158.15; More…. Intraday bias in EUR/JPY remains on the downside as fall from 163.86 is extending lower. Retest of 154.40 low should be seen first. Firm break there will resume whole decline from 175.41 to 153.15 support. On the upside, above 158.62 minor resistance will turn intraday bias […]
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EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0924; (P) 1.0944; (R1) 1.0968; More… EUR/USD is still capped below 1.0980 resistance despite current recovery. Intraday bias remains neutral first. Further rise is in favor as long as 55 4H EMA (now at 1.0904) holds. Above 1.0980 will resume the rally from 1.0694 to retest 1.1138 high. However, sustained break of […]
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EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.60; (P) 161.11; (R1) 162.01; More…. Intraday bias in EUR/JPY remains neutral as range trading continues below 163.86. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the downside, however, firm break of 159.80 […]