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Daily Pivots: (S1) 152.05; (P) 152.41; (R1) 153.03; More… Intraday bias in USD/JPY remains on the upside for retesting 156.74 resistance. Current development suggests that rise from 139.57 might still be in progress and break of 156.74 will confirm resumption. On the downside, below 151.00 minor support will turn intraday bias neutral first. But risk […]

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04/11/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0809; (P) 1.0857; (R1) 1.0883; More… Intraday bias in EUR/USD is back on the upside as rebound from 1.0760 short term bottom resumed. Further rise would be seen to 55 D EMA (now at 1.0940). Strong resistance should be seen there to limit upside. On the downside, below 1.0831 minor support will […]
20/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6189; (P) 1.6245; (R1) 1.6278; More… Intraday bias in EUR/AUD remains neutral and further decline is expected Break of 1.6161 will resume the fall from 1.6598 for retesting 1.5996/6002 key support zone. Nevertheless, break of 1.6359 will turn bias to the upside for stronger rebound towards 1.6598 resistance instead. In the bigger […]
02/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.65; (P) 163.05; (R1) 163.30; More… Intraday bias in EUR/JPY is back on the downside as fall from 165.33 short term top resumed. Further decline would be seen to 160.20 structural support next. On the upside, however, break of 164.40 minor resistance will bring retest of 165.33 instead. In the bigger picture, […]