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Daily Pivots: (S1) 162.81; (P) 163.40; (R1) 164.52; More…. Intraday bias in EUR/JPY is turned neutral first as recovery from 162.25 extends. But further decline is expected as long as 165.02 resistance holds. Corrective rebound from 154.40 could have completed with three waves up to 166.77 already, ahead of 61.8% retracement of 175.41 to 154.40 […]

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EUR/USD Daily Outlook

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05/02/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0747; (P) 1.0822; (R1) 1.0864; More… EUR/USD’s break of 1.0779 support suggests that fall from 1.1138 is resuming. Intraday bias is back on the downside for 1.0722 support. considering bullish convergence condition in 4H MACD, strong support could be seen there to bring rebound. But break of 1.0896 resistance is needed to […]
19/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8636; (P) 0.8685; (R1) 0.8710; More….. Intraday bias in USD/CHF remains neutral for the moment. On the downside, break of 0.8616 support will indicate rejection by 38.2% retracement of 0.9223 to 0.8431 at 0.8734, and turn bias back to the downside for retesting 0.8431 low. On the upside, sustained break of 0.8734 […]
05/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6300; (P) 1.6339; (R1) 1.6410; More… Intraday bias in EUR/AUD is turned neutral first with break of 1.6449 support turned resistance. Some consolidations should be seen first, but another fall is expected. Break of 1.6267 will resume the decline from 1.7062 to 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106 […]