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Daily Pivots: (S1) 1.1648; (P) 1.1673; (R1) 1.1691; More… Intraday bias in EUR/USD stays neutral and outlook is unchanged. Consolidations from 1.1829 could extend further. Downside should be 1.1630 resistance turned support to bring rebound. Firm break of 1.1829 will resume the rise from 1.0176 and target 61.8% projection of 1.0176 to 1.1572 from 1.1064 […]

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29/05/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.13; (P) 163.52; (R1) 163.96; More… Intraday bias in EUR/JPY remains on the upside for retesting 165.19 resistance. Firm break there will resume while rise from 154.77 to 166.67 resistance. On the downside, below 163.05 minor support will turn intraday bias neutral first. In the bigger picture, price actions from 175.41 are […]
05/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.20; (P) 160.40; (R1) 161.09; More… EUR/JPY’s decline continues today and breached 155.91 fibonacci level. There is no sign of bottoming yet and intraday bias remains on the downside. Next target is 153.15 support. On the upside, above 159.69 minor resistance will turn intraday bias neutral and bring consolidations first, before staging […]
25/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8659; (P) 0.8694; (R1) 0.8737; More…. USD/CHF’s break of 0.8632 minor support suggests initial rejection by 38.2% retracement of 0.9243 to 0.8332 at 0.8680 and 55 D EMA (now at 0.8686). Intraday bias is back on the downside for 0.8487 support. On the upside, though, break of 0.8727, and sustained trading above […]