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Daily Pivots: (S1) 162.92; (P) 163.22; (R1) 163.55; More… Intraday bias in EUR/JPY is turned neutral gain with current retreat. On the upside, above 163.70 will resume the rise from 153.15 to 164.29 high. However, considering loss of momentum as seen in 4H MACD, break of 162.55 minor support will turn bias back to the […]

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30/10/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 165.34; (P) 165.75; (R1) 166.35; More…. EUR/JPY’s rally from 155.14 is in progress and intraday bias stays on the upside for 61.8% retracement of 175.41 to 154.40 at 167.38. Sustained break there will pave the way to retest 175.41 high. On the downside, below 163.79 minor support will turn intraday bias neutral […]
06/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6564; (P) 0.6606; (R1) 0.6651; More… Intraday bias in AUD/USD stays on the upside for the moment. Fall from 0.6870 could have completed with three waves down to 0.6361. Further rally would be seen to 100% projection of 0.6361 to 0.6585 from 0.6464 at 0.6688 next. On the downside, below 0.6567 minor […]
09/05/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9071; (P) 0.9083; (R1) 0.9093; More…. Intraday bias in USD/CHF stays neutral and outlook is unchanged. Further decline is in favor as long as 55 4H EMA (now at 0.9096) holds. On the downside, break of 0.9005 and sustained trading below 55 D EMA (now at 0.9000) will bring deeper fall to […]