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Daily Pivots: (S1) 177.27; (P) 177.63; (R1) 178.01; More… Intraday bias in EUR/JPY remains neutral and further rise is expected with 174.80 support intact. On the upside, break of 178.80 will extend the up trend to 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. However, considering bearish divergence condition in 4H MACD, […]

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18/03/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9607; (P) 0.9622; (R1) 0.9636; More…. No change in EUR/CHF’s outlook and intraday bias stays neutral first. Further rise is expected as long as 0.9489 support holds. Sustained trading above 100% projection of 0.9204 to 0.9516 from 0.9331 at 0.9643 will pave the way to 161.8% projection at 0.9836 next. In the […]
18/12/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8237; (P) 0.8266; (R1) 0.8283; More… Intraday bias in EUR/GBP stays on the downside for retesting 0.8224 support. Firm break there will resume larger down trend to 0.8201 key support. On the upside, break of 0.8326 resistance will resume the rebound to 38.2% retracement of 0.8624 to 0.8224 at 0.8377. In the […]
31/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2815; (P) 1.2841; (R1) 1.2863; More… Further decline is expected in GBP/USD as long as 1.2936 resistance holds. Decisive break of 55 D EMA (now at 1.2781) will suggest that rise from 1.2298 has completed with three waves up to 1.3043. Deeper fall would be seen to 1.2612 support and below. On […]