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Daily Pivots: (S1) 167.46; (P) 169.09; (R1) 170.15; More…. EUR/JPY recovers after dipping to 168.01 and intraday bias is turned neutral. Nevertheless, current development suggests that rebound from 164.31 has completed at 170.81. Risk will now stay on the downside as long as 170.87 resistance holds. Below 168.01 will target 167.31 support first. Break there […]

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08/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.77; (P) 164.10; (R1) 164.72; More… Intraday bias in EUR/JPY remains neutral and more consolidations could be seen below 65.33. On the upside, firm break of 165.33 will resume larger up trend towards 169.96 key resistance next. On the downside, though, break of 162.59 will turn bias to the downside for 160.20 […]
11/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6398; (P) 1.6458; (R1) 1.6556; More… Intraday bias in EUR/AUD is turned neutral first as it recovered after hitting 100% projection of 1.6742 to 1.6439 from 1.6677 at 1.6374. On the downside, below 1.6368 will resume the fall from 1.6742 towards 1.6127 low. Nevertheless, sustained trading above 55 D EMA (now at […]
25/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 192.75; (P) 193.20; (R1) 194.07; More.. GBP/JPY’s up trend resumed and reaches as high as 193.62 so far. Intraday bias is back on the upside for 195.86 long term resistance, and then 198.89 projection level. On the downside, below 192.93 minor support will turn intraday bias neutral first. But outlook will remain […]