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Daily Pivots: (S1) 157.36; (P) 158.24; (R1) 158.77; More… Intraday bias in EUR/JPY is back on the downside as fall from 161.17 accelerates lower. Break of 155.72 support will be a strong sign that whole fall from 175.41 is resuming. Retest of 154.40 support should be seen next and firm break there should confirm. Nevertheless, […]

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18/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.40; (P) 161.90; (R1) 162.74; More… Intraday bias in EUR/JPY remains on the upside for the moment. Correction from 163.70 should have completed at 160.20. Further rally would be seen to retest 163.70 first. Decisive break there will resume larger rally from 153.15 for 164.29 high. On the downside, below 161.05 minor […]
03/02/2025

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0328; (P) 1.0381; (R1) 1.0412; More… Intraday bias in EUR/USD remains on the downside for the moment. Decisive break of 1.0176 will resume whole fall from 1.1213. Next target will be 61.8% projection of 1.1213 to 1.0176 from 1.0531 at 0.9890. On the upside, above 1.0349 resistance will turn intraday bias neutral […]
03/12/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 156.06; (P) 157.35; (R1) 158.32; More…. EUR/JPY’s fall from 166.67 is still in progress and intraday bias remains on the downside for 155.14 support first. Firm break there will raise the chance that whole decline from 175.41 is resuming, and target 154.40 low next. On the upside, above 158.63 minor resistance will […]