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Daily Pivots: (S1) 154.80; (P) 157.51; (R1) 160.60; More… EUR/JPY recovered after diving to 154.40 and intraday bias is turned neutral first. Some consolidations would be seen but upside should be limited by 162.87 resistance to bring another fall. Break of 154.40 will resume the decline from 175.41 to 153.15 support next. In the bigger […]

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GBP/JPY Daily Outlook

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EUR/USD Mid-Day Outlook

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03/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8308; (P) 0.8585; (R1) 0.8779; More…. USD/CHF’s recovery from 0.8332 is extending. But still, with 0.8665 support turned resistance, current price actions are seen as corrective, and outlook stays bearish. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257 projection level. In the bigger picture, break of […]
25/05/2024

GBP/USD Weekly Outlook

GBP/USD turned sideway after rising to 1.2760 last week. Intraday bias remains neutral this week for some consolidations, but further rally is in favor. Above 1.2760 will resume the rally from 1.2298 to 1.2892 resistance next. On the downside, below 1.2670 will turn bias to the downside for deeper pull back. In the bigger picture, […]
10/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 143.73; (P) 144.17; (R1) 144.93; More… Intraday bias in USD/JPY remains neutral as range trading continues. On the upside, above 145.97 will resume the rebound from 140.25. But upside should be limited by 61.8% retracement of 151.89 to 140.25 at 147.44. On the downside, below 143.17 minor support will turn bias back […]