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Daily Pivots: (S1) 1.6434; (P) 1.6477; (R1) 1.6554; More… EUR/AUD is staying in range trading and intraday bias stays neutral. On the upside, decisive break of 1.6598 resistance should confirm that whole fall from 1.7180 has complete with three waves down to 1.5963. Further rise should then be seen to retest 1.7180 next. Nevertheless, sustained […]

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EUR/USD Daily Outlook

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07/11/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.37; (P) 153.54; (R1) 155.78; More… Intraday bias in USD/JPY is turned neutral with current retreat and some more consolidations would be seen first. Further rally is expected as long as 151.27 support holds. On the upside, break of 154.70 will resume the rally from 139.57 to 61.8% projection of 141.63 to […]
08/07/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 205.21; (P) 205.83; (R1) 206.67; More… Intraday bias in GBP/JPY remains on the upside for the moment. Firm break of 100% projection of 191.34 to 200.72 from 197.18 at 206.56 will target 138.2% projection at 210.17. On the downside, below 204.97 minor support will turn bias to the downside for deeper pull […]
11/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8716; (P) 0.8742; (R1) 0.8784; More… USD/CHF is still bounded in range below 0.8773 and intraday bias stays neutral. Some more consolidations could be seen. But further rally is expected as long as 0.8614 support holds. On the upside, break of 0.8733 will resume the rally from 0.8374 to 61.8% retracement of […]