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Daily Pivots: (S1) 1.1681; (P) 1.1731; (R1) 1.1757; More… Intraday bias in EUR/USD is turned neutral first with current retreat. Some consolidations could be seen but further rise is expected with 1.1607 support intact. Above 1.1779 will bring retest of 1.1829 high. Firm break there will resume larger up trend to 1.1916 projection level. In […]

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EUR/AUD Daily Outlook

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08/12/2024

EUR/JPY Weekly Outlook

EUR/JPY edged lower to 156.16 last week as fall from 166.67 extended, but recovered since then. Initial bias remains neutral this week first. While further recovery cannot be ruled out, outlook will stay bearish as long as 55 D EMA (now at 162.11) holds. On the downside, below 157.54 minor support will bring retest of […]
15/08/2024

GBP/JPY Mid-Day Outlook

Daily Pivots: (S1) 188.05; (P) 188.74; (R1) 189.62; More… GBP/JPY’s break of 38.2% retracement of 208.09 to 180.00 at 190.73 argues that the decline from 208.09 has completed at 180.00 already. Rise from there is now seen as the second leg of the corrective pattern from 208.09. Intraday bias is on the upside for 61.8% […]
13/05/2025

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1022; (P) 1.1132; (R1) 1.1199; More… Intraday bias in EUR/USD is turned neutral first with current recovery. Overall, strong support should be seen from 38.2% retracement of 1.0176 to 1.1572 at 1.1039 to bring rebound. On the upside, break of 1.1380 will suggest that the correction from 1.1572 has completed, and bring […]