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Daily Pivots: (S1) 1.0876; (P) 1.0986; (R1) 1.1057; More… Intraday bias in EUR/USD remains neutral first, but focus is immediately on 1.1145 resistance with today’s rebound. Firm break there will resume whole rally from 1.0176. Next target is 1.1213/74 key resistance zone next. In case of another retreat, downside should be contained by 38.2% retracement […]

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USD/JPY Daily Outlook

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09/02/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6471; (P) 0.6502; (R1) 0.6522; More… Intraday bias in AUD/USD stays neutral and outlook is unchanged. While another recovery cannot be ruled out, but outlook will stay bearish as long as 0.6621 resistance holds. On the downside, break of 0.6468 will resume the fall from 0.6870, as part of the down trend […]
06/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0720; (P) 1.0766; (R1) 1.0809; More… Intraday bias in EUR/USD stays on the upside at this point. Fall from 1.0980 could have completed with three waves down to 1.0601. Further rally is expected and firm break of 100% projection of 1.0601 to 1.0752 from 1.0648 at 1.0799 will pave the way to […]
06/01/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.58; (P) 161.90; (R1) 162.49; More… EUR/JPY recovered further today but stays below 163.30 minor resistance and intraday bias stays neutral. Outlook is unchanged that t corrective pattern from 154.40 is still extending. Above 163.30 minor resistance will bring retest of 164.89 first. Break there will target 166.67 resistance next. In the […]