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Daily Pivots: (S1) 162.83; (P) 163.27; (R1) 163.99; More… EUR/JPY’s rally resumed by breaking 163.45 temporary top and intraday bias is back on the upside. Further rally would be seen to 164.29 high. Firm break there will resume larger up trend. On the downside, below 1`62.55 minor support will turn bias back to the downside […]

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30/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 166.11; (P) 166.81; (R1) 167.39; More… Intraday bias in EUR/JPY remains neutral as consolidation continues above 164.81. Further decline is expected as long as 55 4H EMA (now at 168.63) holds. On the downside, decisive break of 164.29 support turned resistance will indicate that larger scale correction is underway for 155.91 fibonacci […]
04/10/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.48; (P) 161.98; (R1) 162.60; More…. Intraday bias is EUR/JPY stays neutral at this point. On the upside, break of 163.47 will resume the rise from 155.14 to 61.8% retracement of 175.41 to 154.40 at 167.38. On the downside, break of 158.09 will bring deeper fall back to 154.40/155.14 support zone. In […]
09/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8542; (P) 0.8583; (R1) 0.8607; More…. EUR/GBP’s break of 0.8561 support argues that a short term top was formed at 0.8624 already. Intraday bias is back on the downside for deeper pullback to 55 4H EMA (now at 0.8531). On the upside, though, break of 0.8624 will resume the rally from 0.8382 […]