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Daily Pivots: (S1) 1.1526; (P) 1.1648; (R1) 1.1711; More… Intraday bias in EUR/USD stays on the downside as fall from 1.1829 resumed by breaking 1.1555 support. Strong support could be seen from 55 D EMA (now at 1.1538) to complete the correction. On the upside, above 1.1598 minor resistance will turn intraday bias neutral first. […]

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26/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0689; (P) 1.0716; (R1) 1.0742; More…. Intraday bias in EUR/USD remains neutral and outlook stays bearish with 1.0760 resistance intact. Decline from 1.0915 is seen as another leg in the larger corrective pattern. Break of 1.0667 will target 1.0601 and below. However, firm break of 1.0760 will turn intraday bias back to […]
05/12/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.68; (P) 150.46; (R1) 151.39; More… Intraday bias in USD/JPY remains neutral and more consolidations could be seen above 148.64. On the downside, break of 148.64 will strengthen the case that rise from 139.57 has already completed at 156.754. Deeper fall should then be seen to 61.8% retracement of 139.57 to 156.74 […]
27/05/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8191; (P) 0.8212; (R1) 0.8231; More…. Intraday bias in USD/CHF stays mildly on the downside at this point. Fall from 0.8475 is in progress for retesting 0.8038 low. Firm break there will resume larger down trend to 61.8% projection of 0.9200 to 0.8038 from 0.8475 at 0.7757 next. On the upside, above […]