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Daily Pivots: (S1) 1.1028; (P) 1.1086; (R1) 1.1127; More…. Intraday bias in EUR/USD remains neutral first and more consolidations would be seen below 1.1213 short term top. Nevertheless, further rally is still expected 1.1001 cluster support holds (38.2% retracement of 1.0665 to 1.1213 at 1.1004). Break of 1.1213 will target 1.1274 high. However, decisive break […]

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28/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 141.31; (P) 142.08; (R1) 142.61; More… USD/JPY’s break of 140.94 indicates resumption of fall from 151.89. Intraday bias is now on the downside. Next target is 136.63. fibonacci level. On the upside, above 142.84 minor resistance will turn intraday bias neutral gain. But recovery should be limited below 144.94 resistance to bring […]
26/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9466; (P) 0.9482; (R1) 0.9505; More…. Intraday bias in EUR/CHF Remains neutral for the moment. On the upside, sustained break of 55 D EMA (now at 0.9573) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive break of 0.9448 will suggest rejection by 55 D EMA, and turn bias back […]
05/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0791; (P) 1.0804; (R1) 1.0825; More…. Intraday bias in EUR/USD remains on the upside for the moment. Rise from 1.0665 is in progress to 1.0915 resistance first. Firm break there will resume whole rebound from 1.0601. Nevertheless, on the downside, below 1.0775 minor support will turn intraday bias neutral first. In the […]