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Daily Pivots: (S1) 1.1303; (P) 1.1339; (R1) 1.1402; More… Intraday bias in EUR/USD remains on the upside for the moment. Correction from 1.1572 should have completed at 1.1064. Further rise should be seen to retest 1.1572 first. Decisive break there will resume larger up trend to 61.8% projection of 1.0176 to 1.1572 from 1.1064 at […]

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EUR/USD Daily Outlook

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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 […]
02/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8986; (P) 0.9016; (R1) 0.9057; More… No change in USD/CHF’s outlook and intraday bias remains on the upside. Fall from 0.9223 might have completed as a three-wave corrective move to 0.8825. Sustained trading above the near term falling channel resistance will bring further rally to 0.9157 resistance next. On the downside, below […]
04/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0854; (P) 1.0879; (R1) 1.0931; More…. EUR/USD’s rally from 1.0601 resumed by break through 1.0894 resistance. Intraday bias is back on the upside for t .8% projection of 1.0601 to 1.0894 from 1.0788 at 1.0969. For now, risk will stay on the upside as long as 1.0788 support holds, in case of […]