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Daily Pivots: (S1) 195.36; (P) 195.95; (R1) 196.78; More… Intraday bias in GBP/JPY stays on the upside as rise from 180.00 is extended. Sustained trading above 61.8% retracement of 208.09 to 180.00 at 197.35 will target 208.09 high. On the downside, break of 193.69 support is needed to indicate short term topping. Otherwise, further rally […]

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EUR/JPY Daily Outlook

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09/12/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0530; (P) 1.0580; (R1) 1.0618; More… Intraday bias in EUR/USD remains neutral first. Rebound from 1.0330 short term bottom could still extend higher. But outlook will remain bearish as long as 55 D EMA (now at 1.0717) holds. On the downside, break of 1.0471 minor support will turn bias to the downside […]
04/09/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8406; (P) 0.8420; (R1) 0.8435; More… EUR/GBP is staying in consolidation from 0.8399 and intraday bias remains neutral. Stronger recovery cannot be ruled out but further decline is expected as long as 0.8466 minor resistance holds. Below 0.8399 will resume the fall from 0.8624 and target 0.8382 support. Firm break there will […]
13/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9418; (P) 0.9468; (R1) 0.9508; More…. EUR/CHF’s break of 0.9476 support turned resistance argues that stronger rebound is underway. Intraday bias is on the upside for 55 D EMA (now at 0.9600). On the downside, break of 0.9354 minor support will turn bias back to the downside for retesting 0.9209 low. In […]