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Daily Pivots: (S1) 0.8153; (P) 0.8202; (R1) 0.8233; More…. Intraday bias in USD/CHF remains neutral as it’s staying in established range. Fall from 0.8475 could extend lower, and break of 0.8156 will target 0.8038 low. But strong support should be seen from there to bring rebound, at least on first attempt. On the upside, break […]

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EUR/USD Mid-Day Outlook

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03/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 156.77; (P) 157.07; (R1) 157.58; More…. USD/JPY dips mildly today but stays in range of 156.36/157.70. Intraday bias remains neutral for the moment. On the downside, decisive break of 156.36 minor support will confirm short term topping at 157.70, on bearish divergence condition in 4H MACD. Intraday bias will be back on […]
18/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6177; (P) 1.6303; (R1) 1.6383; More.. Range trading continues in EUR/AUD above 1.6206 and intraday bias stays neutral for the moment. Outlook remains bearish as long as 1.6478 resistance holds. On the downside, firm break of 1.6206 will resume whole fall from 1.7062. Next target is 100% projection of 1.7062 to 1.6319 […]
05/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.56; (P) 164.24; (R1) 164.69; More… Intraday bias in EUR/JPY as turned neutral again as it retreated ahead of 165.33 resistance. Further rally will remain in favor as long as 162.59 support holds, in case of retreat. Break of 165.33 will resume larger up trend. In the bigger picture, current rally is […]