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Daily Pivots: (S1) 159.12; (P) 159.43; (R1) 159.94; More… Intraday bias in EUR/JPY is back on the upside with break of 160.25 minor resistance. Further rise should be seen to 161.84 resistance first. Firm break there will target 164.29 high. For now, further rally is expected as long as 158.06 support holds, in case of […]

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24/10/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9328; (P) 0.9351; (R1) 0.9366; More…. Intraday bias in EUR/CHF remains neutral first, with immediate focus on 0.9332 support. Firm break there will resume the fall from 0.9579 towards 0.9209, and argue that larger down trend might be ready to resume too. On the upside, though, break of 0.9506 will turn intraday […]
07/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.26; (P) 158.69; (R1) 159.01; More.. EUR/JPY’s fall from 164.29 accelerates to as low as 157.34 so far. Intraday bias stays on the downside and deeper decline would be seen to 154.32 cluster support (38.2% retracement of 139.05 to 164.29 at 154.64). On the upside, above 158.56 minor resistance will turn intraday […]
01/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.21; (P) 147.86; (R1) 148.88; More… Intraday bias in USD/JPY remains neutral for the moment. On the upside, sustained break of 55 4H EMA (now at 148.54) will argue that corrective fall from 151.89 has completed with three waves down to 146.65. Intraday bias would be back on the upside for 149.66 […]