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Daily Pivots: (S1) 167.48; (P) 167.94; (R1) 168.80; More… EUR/JPY’s rally accelerates further today and intraday bias stays on the upside. Next target is 100% projection of 154.77 to 165.19 from 161.06 at 170.45. On the downside, below 167.96 minor support will turn intraday bias neutral and bring consolidations. But outlook will remain bullish as […]

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22/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0840; (P) 1.0857; (R1) 1.0872; More… Intraday bias in EUR/USD stays neutral and consolidations continue below 1.0894. Further rally is expected as long as 1.0810 resistance turned support holds. Break of 1.0894 will resume the rise to 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed at […]
04/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.83; (P) 161.31; (R1) 162.13; More…. EUR/JPY is still bounded in range of 159.80/163.86 and intraday bias remains neutral. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the downside, however, firm break of […]
25/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8877; (P) 0.8918; (R1) 0.8983; More… Intraday bias in USD/CHF is turned neutral first with current dip and some consolidations could be seen first. But outlook will will stay bullish as long as 0.8800 support holds, in case of retreat. Break of 0.8956 will resume the rally from 0.8374, and target 0.9223 […]