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Daily Pivots: (S1) 153.25; (P) 153.80; (R1) 154.58; More… Intraday bias in USD/JPY stays neutral at this point. Further decline is in favor as long as 155.36 support turned resistance holds. On the downside, decisive break of 151.89 resistance turned support will argue that large scale correction is underway to 148.66 fibonacci level. Nevertheless, break […]

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EUR/AUD Daily Outlook

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16/12/2023

EUR/AUD Weekly Outlook

EUR/AUD’s decline resumed last week but recovered after dipping to 1.6206. Initial bias remains neutral this week first. Outlook stays bearish as long as 1.6478 resistance holds. Firm break of 1.6206 will resume whole fall from 1.7062. Next target is 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106. In the bigger picture, fall […]
11/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9443; (P) 0.9459; (R1) 0.9490; More… Intraday bias in EUR/CHF remains neutral for the moment and some consolidations would be seen above 0.9402 first. Further fall is expected as long as 0.9543 resistance holds. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. In the bigger picture, medium […]
24/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.98; (P) 165.36; (R1) 166.09; More… Intraday bias in EUR/JPY remains on the upside for the moment. Current up trend should target 169.96 key resistance next. On the downside, break of 164.39 minor support will turn intraday bias neutral again first. But outlook will continue to stay bullish as long as 162.26 […]