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Daily Pivots: (S1) 177.14; (P) 177.98; (R1) 179.14; More… Intraday bias in EUR/JPY stays on the upside for the moment. Current up trend should target 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. On the downside, below 176.60 will turn bias neutral again. But overall outlook will remain bullish as long as […]

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05/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0917; (P) 1.0944; (R1) 1.0974; More… Intraday bias in EUR/USD remains neutral and further decline is mildly in favor with 1.1014 minor resistance holds. Below 1.0892 will resume the fall from 1.1138 short term top for 1.0772 support. Sustained break there will argue that whole rise from 1.0447 has completed, and break […]
04/10/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3050; (P) 1.3166; (R1) 1.3241; More… Intraday bias in GBP/USD remains on the downside as pullback from 1.3433 short term top is progress. Deeper decline would be seen, but strong support is expected from 1.3000 cluster (38.2% retracement of 1.2298 to 1.3433 at 1.2999 to bring rebound. On the upside, above 1.3174 […]
10/06/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1392; (P) 1.1415; (R1) 1.1444; More… Range trading continues in EUR/USD and intraday bias stays neutral. Price actions from 1.1572 are seen as a corrective pattern to rally from 1.0716. While rebound from 1.1064 might extend, strong resistance should emerge from 1.1572 to limit upside. On the downside, break of 1.1356 support […]