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Daily Pivots: (S1) 155.01; (P) 155.75; (R1) 156.86; More…. No change in USD/JPY’s outlook as range trading continues. Risk will stay on the downside as long as 157.70 resistance holds. Fall from there is seen as the third leg of the corrective pattern from 160.20. On the downside, break of 154.53 will target 153.59 support […]

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29/11/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 187.39; (P) 187.96; (R1) 188.32; More… Intraday bias in GBP/JPY is turned neutral again with current retreat. Some more consolidations could be seen below 188.63 temporary top first. But near term outlook will stay bullish as long as 184.44 support holds. Break of 188.63 will resume larger up trend. In the bigger […]
03/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0812; (P) 1.0847; (R1) 1.0883; More…. Intraday bias in EUR/USD remains neutral as range trading continues below 1.0894. On the upside, firm break of 1.0894 will resume whole rally from 1.0601, and target 61.8% projection of 1.0601 to 1.0894 from 1.0788 at 1.0969. For now, risk will stay on the upside as […]
27/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8568; (P) 0.8578; (R1) 0.8588; More… Intraday bias in EUR/GBP stays neutral at this point, and further rise is in favor with 0.8529 support intact. Rebound from 0.8497 is seen as at least correcting the fall from 0.8764. Above 0.8601 will target 161.8% projection of 0.8497 to 0.8577 from 0.8503 at 0.8632. […]