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Daily Pivots: (S1) 1.3102; (P) 1.3151; (R1) 1.3241; More… GBP/USD’s rally from 1.2099 resumed by breaking through 1.3206. Intraday bias stays on the upside for 61.8% projection of 1.2099 to 1.3206 from 1.2706 at 1.3390, and possibly further to 1.3433 high. On the downside, below 1.3121 minor support will turn intraday bias neutral first. But […]

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USD/JPY Mid-Day Outlook

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04/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0888; (P) 1.0927; (R1) 1.0960; More… Intraday bias in EUR/USD stays on the downside at this point. Fall from 1.1138 short term top is in progress for 1.0772 support. Sustained break there will argue that whole rise from 1.0447 has completed, and break deeper fall back to this support. On the upside, […]
15/01/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9383; (P) 0.9399; (R1) 0.9422; More…. No change in EUR/CHF’s outlook as consolidation continues and intraday bias remains neutral. Corrective rebound from 0.9204 could still extend higher. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and […]
01/10/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.65; (P) 159.39; (R1) 160.67; More…. Intraday bias in EUR/JPY is turned neutral with current recovery. Outlook is unchanged that corrective pattern from 154.40 might have completed with three waves to 163.47 already. Risk will stay mildly on the downside as long as 163.47 resistance holds. Below 158.09 will target 154.40/155.14 support […]