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Daily Pivots: (S1) 155.06; (P) 156.08; (R1) 156.60; More… Intraday bias in USD/JPY remains on the downside with focus on 38.2% retracement of 140.25 to 161.94 at 153.65. Some support could be seen there to bring rebound, at least on first attempt. But risk will stay on the downside as long as 157.85 resistance holds, […]

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GBP/USD Daily Outlook

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22/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.35; (P) 192.43; (R1) 193.02; More….. Intraday bias in GBP/JPY is turned neutral with current retreat and some consolidations would be seen. Nevertheless, outlook will stay bullish as long as 187.94 support holds. On the upside, break of 193.51 will resume larger up trend to 61.8% projection of 178.32 to 191.29 from […]
28/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6634; (P) 0.6654; (R1) 0.6667; More… AUD/USD is still extending sideway consolidation from 0.6713 and intraday bias remains neutral. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 […]
18/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.40; (P) 187.27; (R1) 188.65; More… Intraday bias in GBP/JPY remains on the upside for retesting 188.63 high. Firm break there will confirm larger up trend resumption. On the downside, below 186.33 minor support will turn intraday bias neutral and bring consolidations first. But further rally is expected as long as 184.15 […]