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Daily Pivots: (S1) 159.62; (P) 160.71; (R1) 162.44; More… Intraday bias in EUR/JPY stays on the upside for the moment. Rise from 154.77 is seen as another rising leg in the consolidation pattern from 154.40. Next target is 164.89 resistance. For now, further rally is expected as long as 158.87 support holds, in case of […]

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EUR/USD Daily Outlook

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EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0849; (P) 1.0898; (R1) 1.0968; More… While EUR/USD continues to lose momentum as seen in 4H MACD, there is no clear sign that a correction is imminent yet. Further rise is in favor as long as 1.0804 support holds. Sustained trading above 161.8% projection of 1.0176 to 1.0531 from 1.0358 at 1.0932 […]
14/01/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 156.94; (P) 157.46; (R1) 157.99; More… No change in USD/JPY’s outlook as sideway trading continues. Intraday bias remains neutral for now. Further rally is in favor as long as 156.0 support holds. On the upside, decisive break of 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 will extend the rally […]
09/10/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6212; (P) 1.6283; (R1) 1.6345; More… EUR/AUD’s rebound from 1.6002 short term bottom is expected to continue to 38.2% of 1.7180 to 1.6002 at 1.6452. Decisive break there will strengthen the case that whole corrective fall from 1.7180 has completed with three waves down to 1.6002. Further rally should then be seen […]