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Daily Pivots: (S1) 0.9347; (P) 0.9358; (R1) 0.9372; More…. No change in EUR/CHF’s outlook as consolidation continues inside converging triangle. Intraday bias remains neutral at this point. On the downside, break of 0.9331 will target 0.9305 support first. Firm break there will bring retest of 0.9209 low. On the upside, break of 0.9444 will bring […]

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USD/JPY Mid-Day Outlook

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EUR/JPY Daily Outlook

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20/09/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 141.70; (P) 142.82; (R1) 143.76; More… Intraday bias in USD/JPY remains on the upside at this point. Rebound from 139.57 short term bottom should target 55 D EMA (now at 147.37), and possibly further to 38.2% retracement of 161.94 to 139.57 at 148.11. On the downside, below 141.73 minor support will turn […]
15/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2721; (P) 1.2753; (R1) 1.2787; More… Intraday bias in GBP/USD remains neutral as it’s still bounded in range below 1.2826. More sideway trading could be seen. On the upside, decisive break of 1.2826 will resume whole rally from 1.2036. Nevertheless, another fall and break of 1.2611 will bring deeper correction to 1.2499 […]
09/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0962; (P) 1.0980; (R1) 1.0998; More…. Intraday bias in EUR/USD remains neutral for consolidations above 1.0950 temporary low. Fall from 1.1213 short term top is expected to continue as long as 1.1082 resistance holds. Below 1.0950 will target 38.2% retracement of 1.0447 to 1.1213 at 1.0920. Sustained break there will argue that […]