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Daily Pivots: (S1) 161.35; (P) 162.15; (R1) 162.71; More… EUR/JPY recovered after breaching 161.68 support and intraday bias stays neutral. On the upside, above 164.61 will resume the rise from 154.77 to 100% projection of 154.77 to 164.16 from 158.27 at 167.66. However, sustained break of 161.68 will turn bias back to the downside for […]

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16/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6523; (P) 1.6635; (R1) 1.6710; More… No change in EUR/AUD’s outlook as range trading continues. Intraday bias remains neutral and further rise is in favor with 1.6474 support intact. On the upside, above 1.6798 minor resistance will bring retest of 1.7180 resistance first. Firm break there will resume larger up trend to […]
24/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0812; (P) 1.0864; (R1) 1.0906; More… EUR/USD’s breach of 1.0843 temporary low suggests that fall from 1.1138 is resuming. Intraday bias is back on the downside for 1.0722 support first. Decisive break there will argue that whole rise from 1.0447 has completed, and target this low. Nevertheless, on the upside, firm break […]
27/11/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.63; (P) 192.85; (R1) 193.67; More… GBP/JPY’s fall from 199.79 continues today and intraday bias stays on the downside. As noted before, corrective rise from 180.00 could have completed with three waves up to 199.79. Deeper decline would be seen to 183.70 support next. On the upside, above 194.60 minor resistance will […]