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Daily Pivots: (S1) 175.07; (P) 175.72; (R1) 176.19; More… No change in EUR/JPY’s outlook and intraday bias stays neutral. On the upside, break of 176.44 resistance will suggest that pullback from 177.91 has completed, and bring retest of this high. Further break of 177.91 will resume larger up trend to 61.8% projection of 161.06 to […]

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28/09/2024

USD/CHF Weekly Outlook

Range trading continued in USD/CHF last week and outlook is unchanged. Further decline is in favor with 0.8548 resistance intact. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. Nevertheless, firm break of 0.8548 will turn bias back to […]
13/03/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.79; (P) 161.57; (R1) 162.21; More… Intraday bias in EUR/JPY is turned neutral first with current retreat. Further rally is expected as long as 158.87 support holds. Above 162.34 will resume the rise from 154.77 to 164.89 resistance, as another rising leg in the consolidation pattern from 154.40. In the bigger picture, […]
12/03/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2784; (P) 1.2825; (R1) 1.2855; More… Intraday bias in GBP/USD remains neutral as consolidation continues below 1.2892 temporary top. Further rally will remain in favor as long as 55 4H EMA (now at 1.2746) holds. On the upside, above 1.2892 will resume larger rise from 1.2063 and target 61.8% projection of 1.2036 […]