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Daily Pivots: (S1) 155.03; (P) 155.81; (R1) 156.77; More… USD/JPY’s fall from 158.86 short term top resumed by breaking through 154.77 today. Intraday bias is back on the downside for 38.2% retracement of 139.57 to 158.86 at 151.49. Sustained break there will suggest that whole rally from 138.57 has completed already. For now, risk will […]

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25/04/2024

EUR/USD Mid-Day Outlook

.Daily Pivots: (S1) 1.0680; (P) 1.0697; (R1) 1.0716; More… EUR/USD retreated after brief breach of 1.0723 support turned resistance and intraday bias remains neutral. Break of 1.0677 support will indicate rejection by 1.0723, and turn bias back to the downside. EUR/USD should then resume larger down trend through 1.0601 low. Nevertheless, firm break of 1.0723 […]
26/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8430; (P) 0.8447; (R1) 0.8464; More… Intraday bias in EUR/GBP stays neutral first and outlook remains bearish with 0.8482 support turned resistance intact. On the downside, below 0.8429 minor support will bring retest of 0.8396 low first. Further break there will resume larger down trend to 0.8376 projection level next. In the […]
25/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8877; (P) 0.8918; (R1) 0.8983; More… Intraday bias in USD/CHF is turned neutral first with current dip and some consolidations could be seen first. But outlook will will stay bullish as long as 0.8800 support holds, in case of retreat. Break of 0.8956 will resume the rally from 0.8374, and target 0.9223 […]