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Daily Pivots: (S1) 1.2766; (P) 1.2788; (R1) 1.2812; More….. Intraday bias in GBP/USD remains neutral as range trading continues. As long as 1.2693 support holds, further rally is in favor. Above 1.2816 will resume the rally from 1.2298 to 1.2892 resistance next. On the downside, break of 1.2693 minor support will turn intraday bias to […]

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EUR/USD Mid-Day Outlook

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03/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.50; (P) 162.20; (R1) 163.36; More…. EUR/JPY is staying in range below 163.86 and intraday bias remains neutral. 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 […]
03/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6484; (P) 1.6525; (R1) 1.6563; More… Range trading continues in EUR/AUD and intraday bias remains neutral. Near term outlook will stay cautiously bullish as long as 1.6439 support holds. On the upside, above 1.6677 will target 1.6742 first. Decisive break there will resume whole rise from 1.6127 and target 1.6844 resistance next. […]
28/03/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 150.91; (P) 151.44; (R1) 151.85; More… Range trading continues in USD/JPY and intraday bias stays neutral. On the downside, break of 150.25 support should confirm short term topping, and turn bias back to the downside for 55 D EMA (now at 149.01). Nevertheless, sustained break of 151.93 key resistance will confirm long […]