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Daily Pivots: (S1) 0.8721; (P) 0.8729; (R1) 0.8738; More… EUR/GBP’s break of 0.8750 resistance confirms resumption of whole rally from 0.8221. Intraday bias is back on the upside for 0.8867 fibonacci level. On the downside, below 0.8718 minor support will turn intraday bias neutral again first. But near term outlook will now stay bullish as […]

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EUR/USD Mid-Day Outlook

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07/07/2024

EUR/JPY Weekly Outlook

EUR/JPY’s up trend continued to 174.50 last week but turned sideway since then. Initial bias is neutral this week for some more consolidations first. On the upside, firm break of 174.50 will target 138.2% projection of 164.01 to 170.87 from 167.52 at 177.00. On the downside, however, break of 173.07 will turn bias to the […]
21/01/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0311; (P) 1.0373; (R1) 1.0478; More… Intraday bias in EUR/USD remains neutral at this point. The failure to break through 1.0435 resistance keeps another decline in favor. On the downside, firm break of 1.0176 will resume whole fall from 1.1213. However, decisive break of 1.0435 will confirm short term bottoming, and turn […]
17/03/2025

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8823; (P) 0.8844; (R1) 0.8871; More… Consolidations continues above 0.8757 and intraday bias in USD/CHF stays neutral. Upside of recovery should be limited by 0.8911 support turned resistance. On the downside, break of 0.8757 will resume the fall from 0.9200 to 61.8% retracement of 0.8374 to 0.9200 at 0.8690. Sustained break there […]