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Daily Pivots: (S1) 151.61; (P) 151.77; (R1) 152.02; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. On the downside, break of 150.80 will turn bias back to the downside for deeper pull back to 55 D EMA (now at 149.73). On the upside, however, sustained break of 151.93 key resistance will confirm […]

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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. […]
13/11/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.56; (P) 163.95; (R1) 164.64; More…. EUR/JPY turned sideway after drawing support from 55 D EMA (now at 163.34), and intraday bias is turned neutral first. On the downside, sustained trading below 55 D EMA will argue that whole corrective rise from 154.40 has completed with three waves up to 166.67. Deeper […]
12/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8770; (P) 0.8793; (R1) 0.8807; More…. Intraday bias in USD/CHF stays neutral at this point. Further rise remains in favor with 0.8727 minor support intact. Above 0.8819 will resume the rebound from 0.8665 short term bottom to 0.8886 support turned resistance first. However, firm break of 0.8727 will retain near term bearishness, […]