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Daily Pivots: (S1) 171.22; (P) 171.70; (R1) 172.12; More… Range trading continues in EUR/JPY and intraday bias stays neutral. While corrective fall from 173.87 short term top could extend lower, downside should be contained by 38.2% retracement of 161.06 to 173.87 at 168.97 to bring rebound, at least on first attempt. On the upside, above […]

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18/03/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9607; (P) 0.9622; (R1) 0.9636; More…. No change in EUR/CHF’s outlook and intraday bias stays neutral first. Further rise is expected as long as 0.9489 support holds. Sustained trading above 100% projection of 0.9204 to 0.9516 from 0.9331 at 0.9643 will pave the way to 161.8% projection at 0.9836 next. In the […]
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 […]
01/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.76; (P) 163.65; (R1) 165.29; More… EUR/JPY’s fall from 175.41 is in progress and intraday bias remains on the downside. This decline should be a larger scale correction and should target 155.91 fibonacci level next. On the upside, break of 167.93 resistance is needed to confirm short term bottoming. Otherwise, outlook will […]