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Daily Pivots: (S1) 1.1751; (P) 1.1777; (R1) 1.1829; More… EUR/USD’s recovery from 1.1724 extended higher but upside momentum is unconvincing. Intraday bias is turned neutral first. On the downside, break of 1.1724 will resume the fall from 1.1917 to 55 D EMA (now at 1.1663). Considering bearish divergence condition in D EMA, sustained break of […]

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17/10/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6239; (P) 1.6284; (R1) 1.6338; More… Intraday bias in EUR/AUD stays neutral for the moment. On the downside, below 1.6185 will bring deeper fall to retest 1.6002 low. On the upside, however, above 1.6351 will resume the rebound from 1.6002 to 38.2% of 1.7180 to 1.6002 at 1.6452. In the bigger picture, […]
27/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 199.24; (P) 199.66; (R1) 200.37; More… Intraday bias in GBP/JPY remains on the upside for 100% projection of 191.34 to 180.07 from 195.02 at 200.75. But upside should be limited there. On the downside, below 198.25 minor support will turn intraday bias neutral first. Further break of 197.07 will argue that the […]
24/03/2025

USD/JPY Daily Outlook

Daily Pivots: (S1) 148.71; (P) 149.19; (R1) 149.79; More… USD/JPY rises slightly today but overall outlook is unchanged. Intraday bias stays neutral first. Recovery from 146.52 is seen as a corrective move. In case of stronger rise, upside should be limited by 150.92 support turned resistance. On the downside, break of 148.17 support will bring […]