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Daily Pivots: (S1) 1.0417; (P) 1.0461; (R1) 1.0532; More… Intraday bias in EUR/USD is back on the upside with break of 1.0527 resistance. Immediate focus is now on 38.2% retracement of 1.1213 to 1.0176 at 1.0572. Sustained break there will raise the chance of near term bullish reversal, and target 61.8% retracement at 1.0817. On […]

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25/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1128; (P) 1.1155; (R1) 1.1206; More…. Immediate focus is now on 1.1200 resistance as EUR/USD’s rebound from 1.1001 extends today. Break there will resume the rally from 1.0665 to retest 1.1274 high. Firm break there will resume larger up trend. Next near term target will be 100% projection of 1.0776 to 1.1200 […]
15/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 154.53; (P) 155.29; (R1) 156.72; More.. EUR/JPY recovered ahead of 153.15 support and intraday bias is turned neutral. Near term outlook stay bearish as long as 157.67 resistance intact. On the downside decisive break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In […]
04/03/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9369; (P) 0.9403; (R1) 0.9439; More…. Intraday bias in EUR/CHF stays neutral at this point. On the upside, firm break of 0.95167 will resume the rebound from 0.9204 and next fibonacci level at 0.9651. Nevertheless, break of 0.9331 will resume the fall from 0.9516 to retest 0.9204 low. In the bigger picture, […]