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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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EUR/USD Mid-Day Outlook

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11/11/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6533; (P) 0.6608; (R1) 0.6657; More… Intraday bias in AUD/USD remains neutral for the moment. For now, further rise is mildly in favor as long as 0.6551 short term bottom holds. Above 0.6687 will target 61.8% retracement of 0.6941 to 0.6511 at 0.6777. On the downside, break of 0.6511 will resume the […]
18/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8574; (P) 0.8597; (R1) 0.8639; More…. Immediate focus in now on 0.8665 support turned resistance as rebound from 0.8332 extends today. Decisive break there will turn near term outlook bullish for 61.8% retracement of 0.9243 to 0.8332 at 0.8995. Nevertheless, break of 0.8565 minor support will turn intraday bias back to the […]
09/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.93; (P) 160.47; (R1) 161.47; More… Intraday bias in EUR/JPY remains on the upside for the moment. Rise from 158.06 is in progress for retesting 161.84. Firm break there will resume whole rise from 153.15 and target 164.29 high. For now, further rally is expected as long as 158.06 support holds, in […]