GBP/JPY Daily Outlook

Daily Pivots: (S1) 197.05; (P) 197.83; (R1) 198.87; More… Intraday bias in GBP/JPY remains neutral as consolidations continue above 195.84. Further decline is expected as long as 55 4H EMA (now at 200.20) holds. On the downside, sustained trading below 38.2% retracement of 178.32 to 208.09 at 196.71 will argue that larger scale correction is […]

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EUR/USD Daily Outlook

20/03/2024

Daily Pivots: (S1) 190.32; (P) 191.24; (R1) 192.84; More….. GBP/JPY’s up trend resumed by breaking through 191.29 resistance and there is no sign of topping yet. Intraday bias remains on the upside for 61.8% projection of 178.32 to 191.29 from 187.94 at 195.95, which is close to 195.86 long term resistance. On the downside, below […]

08/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.82; (P) 161.82; (R1) 163.07; More… EUR/JPY recovered after dipping to 160.54 and intraday bias is turned neutral first. On the downside, below 160.54 will resume the fall from 163.70 to 38.2% retracement of 153.15 to 163.70 at 159.66. Sustained break there will indicate that fall from 163.70 is reversing whole rise […]

12/09/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 141.20; (P) 141.87; (R1) 143.04; More… USD/JPY is staying in consolidation above 140.70 temporary low and intraday bias remains neutral at this point. Outlook will remain bearish as long as 147.20 resistance holds. On the downside, break of 140.70 will resume the fall from 161.94 to 140.25 support, and possibly to 139.26 […]

GBP/JPY Daily Outlook

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EUR/USD Daily Outlook

EUR/JPY Daily Outlook

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