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Daily Pivots: (S1) 153.72; (P) 154.32; (R1) 155.23; More… USD/JPY’s rally resumed by breaking 154.70 and intraday bias is back on the upside. Current rise from 139.57 will 61.8% projection of 141.63 to 153.87 from 151.27 at 158.8. On the downside, below 153.40 minor support will turn intraday bias neutral again first. But further rally […]

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30/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.19; (P) 160.02; (R1) 160.61; More… EUR/JPY is extending the consolidation from 161.84 and intraday bias remains neutral. While deeper retreat cannot be ruled out, further rally is expected as long as 158.55 resistance turned support holds. On the upside, break of 160.91 minor resistance will argue that rise from 153.15 is […]
30/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0780; (P) 1.0821; (R1) 1.0842; More…. Intraday bias in EUR/USD is back on the downside with break of 1.0804 support. Deeper fall would be seen to 1.0752 resistance turned support. Firm break there will argue that rebound from 1.0601 has completed, and bring retest of this low. For now, risk will be […]
22/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9409; (P) 0.9430; (R1) 0.9448; More… EUR/CHF is still bounded in consolidation from 0.9402 and intraday bias stays neutral. With 0.9543 resistance intact, deeper decline is expected. On the downside, firm break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 at […]