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Daily Pivots: (S1) 1.1289; (P) 1.1357; (R1) 1.1418; More… EUR/USD dips mildly today as consolidation continues below 1.1472. Deeper pull back might be seen but downside should be contained by 1.1145 resistance turned support to bring another rally. On the upside, break of 1.1472 will target 161.8% projection of 1.0358 to 1.0953 from 1.0731 at […]

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USD/JPY Mid-Day Outlook

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28/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0658; (P) 1.0688; (R1) 1.0710; More…. Range trading continues in EUR/USD and intraday bias remains neutral. Outlook stays bearish with 1.0760 resistance intact. Decline from 1.0915 is seen as another leg in the larger corrective pattern. Firm break of 1.0667 will target 1.0601 and below. However, decisive break of 1.0760 will turn […]
05/03/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.64; (P) 149.26; (R1) 150.43; More… Intraday bias remains neutral at this point. With 151.29 resistance intact, fall from 158.86 is still expected to continue as the third leg of the corrective pattern from 171.96 high. Below 148.08 will target 61.8% retracement of 139.57 to 158.86 at 146.32. Sustained break there will […]
20/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.73; (P) 161.06; (R1) 161.47; More… Intraday bias in EUR/JPY remains on the upside for the moment. Current rise from 153.15 is in progress for 161.8% projection of 153.15 to 158.55 from 155.06 at 163.79, which is close to 164.29 high. On the downside, below 160.03 minor support will turn intraday bias […]