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Daily Pivots: (S1) 1.7699; (P) 1.7743; (R1) 1.7771; More… EUR/AUD’s break of 0.7717 support revives that case rise from 1.7245 has completed at 1.8094. Corrective pattern from 1.8554 should now be in the third leg. Intraday bias is back on the downside for 1.7459 support first. Firm break there will solidify this case and target […]

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EUR/JPY Daily Outlook

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01/10/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1096; (P) 1.1153; (R1) 1.1191; More…. EUR/USD’s pullback from 1.1213 accelerated lower today, and the break of trend line support indicates short term topping. While deeper fall might be seen outlook will stay bullish as long as 1.1001 cluster support holds (38.2% retracement of 1.0665 to 1.1213 at 1.1004). Break of 1.1213 […]
18/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 154.11; (P) 154.43; (R1) 154.71; More… Intraday bias in USD/JPY is turned neutral with current retreat. Considering bearish divergence condition in 4H MACD, in case of another rise, upside should be limited by 155.20 fibonacci projection level. On the downside, break of 153.89 minor support will turn bias back to the downside […]
11/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3439; (P) 1.3469; (R1) 1.3517; More… Intraday bias in USD/CAD remains neutral for the moment. On the downside, break of 1.3419 and sustained trading below 1.3439 support will argue that rebound from 1.3176 has completed as a corrective move to 1.3605. Near term outlook will be turned bearish for 1.3357 support first. […]