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Daily Pivots: (S1) 1.2715; (P) 1.2769; (R1) 1.2807; More… GBP/USD’s break of 55 4H EMA (now at 1.2760) indicates short term topping at 1.2829. Intraday bias is back on the downside for 55 D EMA (now at 1.2673). Sustained break there will target 1.2517 structural support next. For now, risk will stay mildly on the […]

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EUR/USD Mid-Day Outlook

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03/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0901; (P) 1.0978; (R1) 1.1019; More… Intraday bias in EUR/USD remains neutral as 1.0929 support stays intact. On the upside, break of 1.1138 will resume the rise from 1.0447 to retest 1.1274 high. Meanwhile, break of 1.0929 will indicate short term topping and turn bias back to the downside for 1.0772 support. […]
15/10/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.98; (P) 163.29; (R1) 163.69; More…. EUR/JPY is still struggling to break through 163.47/86 resistance zone and intraday bias remains neutral. On the upside, firm break of 163.47/86 resistance will resume the rebound from 154.40 to 61.8% retracement of 175.41 to 154.40 at 167.38. On the downside, break of 158.09 will bring […]
07/07/2024

EUR/GBP Weekly Outlook

EUR/GBP edged higher to 0.8498 last week, but failed to break through 55 D EMA (now at 0.8500) and retreated. Initial bias remains neutral this week first. On the upside, sustained trading above 55 D EMA (now at 0.8501) will extend the rise from 0.8396 short term bottom to 0.8529 support turned resistance. Nevertheless, On […]