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Daily Pivots: (S1) 161.53; (P) 161.74; (R1) 162.09; More… Intraday bias in EUR/JPY remains on the upside at this point. Further rise would be seen to retesting 164.29 high next. On the downside, however, below 160.90 minor support will turn intraday bias neutral first. In the bigger picture, price actions from 164.29 medium term top […]

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EUR/USD Mid-Day Outlook

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08/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0739; (P) 1.0764; (R1) 1.0779; More… Intraday bias in EUR/USD stays neutral for the moment. More consolidations could be seen below 1.0810. Further rally is expected as long as 55 4H EMA (now at 1.0731) holds. On the upside, above 1.0810 will resume the rebound from 1.0601 to 1.0884 resistance next. However, […]
18/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 156.78; (P) 157.55; (R1) 159.06; More…. Intraday bias in EUR/JPY remains neutral for the moment. Further decline is expected as long as 158.71 resistance holds. Decisive break of 154.40 low will resume whole decline from 175.41 to 153.15 support, and possibly further to 152.11 fibonacci level. However, firm break of 158.71 will […]
21/03/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 150.71; (P) 151.26; (R1) 151.80; More… Intraday bias in USD/JPY is turned neutral with current retreat, and some consolidations would be seen below 151.82. Further rise is expected as long as 55 4H EMA (now at 149.51) holds. On the upside, decisive break of 151.93 key resistance will confirm long term up […]