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Daily Pivots: (S1) 1.1299; (P) 1.1353; (R1) 1.1382; More… Intraday bias in EUR/USD stays neutral at this point, and further rise is still in favor as long as 1.1255 support holds. Above 1.1417 will bring retest of 1.1572 high first. Decisive break there will resume larger up trend to 61.8% projection of 1.0176 to 1.1572 […]

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08/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.77; (P) 164.10; (R1) 164.72; More… Intraday bias in EUR/JPY remains neutral and more consolidations could be seen below 65.33. On the upside, firm break of 165.33 will resume larger up trend towards 169.96 key resistance next. On the downside, though, break of 162.59 will turn bias to the downside for 160.20 […]
19/11/2024

GBP/JPY Mid-Day Outlook

Daily Pivots: (S1) 194.93; (P) 195.54; (R1) 196.71; More… GBP/JPY’s fall from 199.79 resumed after brief consolidations and intraday bias is back on the downside. As noted before, corrective rise from 180.00 could have completed with three waves up to 199.79, after hitting channel resistance. Break of 193.45 resistance turned support will target 183.70 next. […]
12/05/2025

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8443; (P) 0.8468; (R1) 0.8481; More… EUR/GBP’s fall from 0.8737 continues today and intraday bias stays on the downside. Sustained trading below 55 D EMA (now at 0.8461) will argue that whole rise from 0.8221 has already complete. Near term outlook will be turned bearish for 0.8314 support first. On the upside, […]