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Daily Pivots: (S1) 168.84; (P) 169.32; (R1) 170.02; More… Intraday bias in EUR/JPY is turned neutral again with current retreat and some consolidations would be seen first. Downside should be contained well above 166.01 support to bring another rally. Above 169.79 will resume the rise from 154.77 to 100% projection of 154.77 to 164.16 from […]

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29/04/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1358; (P) 1.1391; (R1) 1.1454; More… Intraday bias in EUR/USD is turned neutral first. On the downside,, break of 1.1306 will extend the correction from 1.1572. But strong support should be seen from 38.2% retracement of 1.0176 to 1.1572 at 1.1039 to contain downside. On the upside, break of 1.1572 will resume […]
14/04/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.88; (P) 162.51; (R1) 163.72; More… Range trading continues in EUR/JPY and intraday bias remains neutral for the moment. On the upside, above 164.16 will resume the rally from 154.77 to 164.89 resistance, and then 166.67. However, decisive break of 158.27 support will bring deeper decline back to 154.77 support. Overall, sideway […]
12/06/2024

EUR/AUD Mid-Day Outlook

Daily Pivots: (S1) 1.6217; (P) 1.6277; (R1) 1.6318; More… EUR/AUD’s break of 1.6211 support confirms resumption of decline from 1.6742, as the third leg of the correction from 1.7062. Intraday bias is now on the downside for 61.8% projection of 1.6679 to 1.6211 from 1.6418 at 1.6129 first. Firm break there will target 100% projection […]