Daily Pivots: (S1) 1.0530; (P) 1.0580; (R1) 1.0618; More… Intraday bias in EUR/USD is turned neutral again with current retreat. Rebound from 1.0330 short term bottom could still extend higher. But outlook will remain bearish as long as 55 D EMA (now at 1.0717) holds. On the downside, break of 1.0471 minor support will turn […]
Feb 04, 2025
EUR/JPY Daily Outlook
Daily Pivots: (S1) 158.66; (P) 159.40; (R1) 160.83; More… EUR/JPY recovered after dipping to 157.96 and intraday bias is turned neutral first. Overall outlook is unchanged that consolidation pattern from 154.40 could still extend. On the downside, below 157.96 will target 156.16 support. However, break of 161.48 will turn bias back to the upside for […]
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