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Daily Pivots: (S1) 0.8716; (P) 0.8742; (R1) 0.8784; More… USD/CHF is still bounded in range below 0.8773 and intraday bias stays neutral. Some more consolidations could be seen. But further rally is expected as long as 0.8614 support holds. On the upside, break of 0.8733 will resume the rally from 0.8374 to 61.8% retracement of […]

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17/10/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.14; (P) 162.51; (R1) 162.91; More…. Intraday bias in EUR/JPY stays neutral at this point. On the upside, firm break of 163.86 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 161.00 minor support will turn bias back to the […]
29/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1087; (P) 1.1138; (R1) 1.1170; More…. Intraday bias in EUR/USD remains neutral for consolidations below 1.1200. Downside of retreat should be contained above 1.1007 resistance turned support. On the upside, break of 1.1200 will resume recent rally to 161.8% projection of 1.0665 to 1.0947 from 1.0776 at 1.1232, and then 1.1274 high. […]
22/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 169.18; (P) 169.56; (R1) 169.90; More… Further rally remains in favor in EUR/JPY despite loss of upside momentum. Rise form 164.01, as the second leg of the corrective pattern from 171.58, would target 61.8% projection of 164.01 to 169.38 from 167.31 at 170.62. On the downside, break of 167.31 support should turn […]