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Daily Pivots: (S1) 1.5995; (P) 1.6068; (R1) 1.6137; More… Intraday bias in EUR/AUD stays on the downside for the moment. Current decline is expected to continue to 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there will target 1.5846 key support next. For now, risk will stay on the downside as […]

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23/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8470; (P) 0.8496; (R1) 0.8515; More…. Intraday bias in EUR/GBP remains on the downside as fall from 0.8624 is in progress. Firm break of 61.8% retracement of 0.8382 to 0.8624 at 0.8474. will argue that recent down trend is ready to resume through 0.8382 low. For now, risk will stay on the […]
29/06/2024

GBP/JPY Weekly Outlook

GBP/JPY’s up trend continued last week and outlook is unchanged. Initial bias stays on the upside this week. Next target is 100% projection of 191.34 to 200.72 from 197.18 at 206.56 next. On the downside, below 202.41 minor support will turn intraday bias neutral and bring consolidations. But outlook will remain bullish as long as […]
29/11/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 146.92; (P) 147.87; (R1) 148.43; More… USD/JPY’s decline continues today and break of 147.14 support confirms resumption of whole fall from 151.89. Intraday bias stays on the downside at this point. Sustained break of 61.8% projection of 151.89 to 147.14 from 149.66 at 146.72 will pave the way to 100% projection at […]