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Daily Pivots: (S1) 1.1529; (P) 1.1583; (R1) 1.1619; More… Focus remains on 1.1540 support in EUR/USD. Firm break there will resume the fall from 1.1917 and target 1.1390 support, or even further to 38.2% retracement of 1.0176 to 1.1917 at 1.1252. On the upside, though, break of 1.1727 resistance will turn bias back to the […]

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14/11/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0529; (P) 1.0591; (R1) 1.0627; More… EUR/USD’s fall from 1.1213 resumed after brief recovery and intraday bias is back on the downside. Further decline should be seen to 100% projection of 1.1213 to 1.0760 from 1.0936 at 1.0483. Break there will target 1.0404 key fibonacci level. On the upside, above 1.0652 minor […]
05/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.79; (P) 163.15; (R1) 163.77; More… Intraday bias in EUR/JPY stays neutral first. Corrective pattern from 163.70 could extend further. Break of 161.67 minor support should push the cross through channel support (now at 161.35) to 38.2% retracement of 153.15 to 163.70 at 159.66. Nevertheless, firm break of 163.70 will resume whole […]
03/10/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9352; (P) 0.9377; (R1) 0.9413; More…. No change in EUR/CHF’s outlook and intraday bias stays neutral. On the downside, break of 0.9305 will resume the fall from 0.9579 to retest 0.9209 low. On the upside, above 0.9506 will resume the rebound from 0.9305 to 0.9579 resistance. In the bigger picture, medium term […]