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Daily Pivots: (S1) 190.57; (P) 190.95; (R1) 191.55; More… Intraday bias in GBP/JPY is back on the upside with breach of 191.12 temporary top. Firm break of 61.8% projection of 178.71 to 188.90 from 185.21 at 191.50 will extend larger up trend to 100% projection at 195.40. On the downside, however, break of 190.32 minor […]

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11/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0906; (P) 1.0931; (R1) 1.0961; More…. Intraday bias in EUR/USD remains on the downside. Sustained break of 38.2% retracement of 1.0447 to 1.1213 at 1.0920 will argue that fall from 1.1213 is the third leg of the corrective pattern from 1.1274. In this case, deeper decline would be seen to 61.8% retracement […]
08/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8590; (P) 0.8613; (R1) 0.8625; More… Intraday bias in EUR/GBP stays on the downside for the moment. Deeper decline should be seen to 0.8548 support first. Firm break there will target 0.8491 low next. On the upside, above 0.8638 minor resistance will turn intraday bias neutral first. But risk will stay on […]
23/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.48; (P) 162.97; (R1) 163.44; More… Intraday bias in EUR/JPY remains on the upside, as rise from 153.15 is in progress for retesting 164.29 high. Decisive break there will confirm larger up trend resumption. On the downside, however, below 161.93 minor support will turn intraday bias neutral and bring consolidations, before staging […]