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Daily Pivots: (S1) 1.0901; (P) 1.0946; (R1) 1.1004; More… EUR/USD is staying below 1.1145 despite current rebound, and intraday bias remains neutral. More consolidations could be seen, but in case of another retreat, downside should be contained by 38.2% retracement of 1.0176 to 1.1145 at 1.0775. On the upside, above 1.1145 will resume the rally […]

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EUR/USD Mid-Day Outlook

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23/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 156.37; (P) 156.99; (R1) 157.69; More… No change in USD/JPY’s outlook as range trading continues. Intraday bias stays neutral and further decline is expected with 158.85 resistance intact. Below 155.36 will target 38.2% retracement of 140.25 to 161.94 at 153.65. On the upside, above 158.85 resistance will turn bias back to the […]
24/01/2025

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2305; (P) 1.2340; (R1) 1.2388; More… GBP/USD’s recovery from 1.2099 extended higher but upside is still capped below 1.2486 support turned resistance. Intraday bias remains neutral and further decline is in favor. On the downside, below 1.2292 minor support will turn bias back to the downside for retesting 1.2099 low. However, firm […]
05/11/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8610; (P) 0.8646; (R1) 0.8676; More… USD/CHF’s fall from 0.8710 short term top is in progress and deeper decline would be seen to 55 D EMA (now at 0.8614). Sustained break there will argue that the rebound from 0.8374 has completed, and bring deeper fall back to this low. On the upside, […]