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Daily Pivots: (S1) 0.8438; (P) 0.8460; (R1) 0.8488; More… USD/CHF is still bounded in range trading and intraday bias stays neutral for the moment. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. Nevertheless, firm break of 0.8548 will […]

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EUR/USD Mid-Day Outlook

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USD/JPY Daily Outlook

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03/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8544; (P) 0.8559; (R1) 0.8578; More… No change in EUR/GBP’s outlook and intraday bias stays neutral. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has completed at 0.8601. Intraday bias will be back on the downside for retesting 0.8497 low next. On the upside, […]
13/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.76; (P) 161.01; (R1) 161.25; More… Intraday bias in EUR/JPY remains on the upside for 161.84 resistance. Firm break there will rebound whole rise from 153.15 to retest 161.84. For now, further rally is expected as long as 158.06 support holds, in case of retreat. In the bigger picture, price actions from […]
19/03/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0857; (P) 1.0881; (R1) 1.0897; More… Intraday bias in EUR/USD remains on the downside, as fall from 1.0980 short term top is in progress for 55 D EMA (now at 1.0856). Sustained break there will argue that rebound from 1.0694 has completed and bring retest of this low. For now, risk will […]