Daily Pivots: (S1) 0.8953; (P) 0.8987; (R1) 0.9009; More…. Intraday bias in USD/CHF is turned neutral with 4H MACD crossed below signal line. Some consolidations would be seen below 0.9019 temporary top first. But downside of retreat should be contained above 0.8838 support to bring rebound. Break of 0.9019 will resume larger rally from 0.8332. […]
Jul 30, 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 […]
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