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Daily Pivots: (S1) 169.88; (P) 170.16; (R1) 170.48; More… Intraday bias in EUR/JPY remains on the upside at this point. Sustained trading above 100% projection of 154.77 to 164.16 from 161.06 at 170.45 will target 138.2% projection at 174.03. On the downside, however, break of 168.44 support will indicate short term topping, and turn bias […]

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08/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6449; (P) 1.6530; (R1) 1.6619; More… Intraday bias in EUR/AUD remains on the downside at this point. Decisive break of 1.6450 support will argue that whole rebound from 1.6127 has completed with three waves up to 1.6742, and turn near term outlook bearish. On the upside, above 1.6606 minor resistance will turn […]
08/01/2025

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8280; (P) 0.8293; (R1) 0.8300; More… EUR/GBP is staying in consolidations and intraday bias remains neutral. On the upside, firm break of 0.8326 resistance will confirm short term bottoming at 0.8221, ahead of 0.8201 key support. Intraday bias will be turned back to the upside for 0.8446 structural resistance next. In the […]
12/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0906; (P) 1.0919; (R1) 1.0929; More….. Intraday bias in EUR/USD remains for the moment. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. On the upside, above 1.0944 minor resistance will bring retest of 1.1007 first. Further break there will resume rally from 1.0665 to 100% […]