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Daily Pivots: (S1) 1.0750; (P) 1.0786; (R1) 1.0837; More… No change in EUR/USD’s outlook and intraday bias stays neutral. Strong support is expected from 38.2% retracement of 1.0358 to 1.0953 at 1.0726 to complete the correction from 1.0953. On the upside, break of 1.0857 will bring retest of 1.0953 first. Firm break there will resume […]

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EUR/GBP Daily Outlook

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USD/JPY Mid-Day Outlook

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12/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2731; (P) 1.2753; (R1) 1.2779; More… Intraday bias in GBP/USD remains neutral for the moment and more range trading could be seen above 1.2664. Another fall is in favor as long as 1.2839 resistance holds. Below 1.2664 will target 1.2612 support. Decisive break there should confirm that rise from 1.2298 has completed, […]
09/10/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 147.57; (P) 147.97; (R1) 148.61; More… Intraday bias in USD/JPY stays neutral for the moment. More consolidations could be seen below 149.11 temporary top. But further rise is expected as long as 141.63 support holds. Rise from 139.57 is seen as the second leg of the corrective pattern from 161.94. Break of […]
12/10/2024

EUR/JPY Weekly Outlook

EUR/JPY stayed in range of 158.09/163.47 last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, firm break of 163.47/86 resistance will resume the rebound from 154.40 to 61.8% retracement of 175.41 to 154.40 at 167.38. On the downside, break of 158.09 will bring deeper fall back to 154.40/155.14 […]