USD/JPY Daily Outlook

Daily Pivots: (S1) 152.37; (P) 154.33; (R1) 155.60; More… Intraday bias in USD/JPY remains on the downside as fall from 160.20 is in progress. As a correction to rise from 146.47, deeper decline would be seen to 55 D EMA (now at 152.25), and possibly further to 61.8% retracement of 146.47 to 160.20 at 151.71. […]

Daily Pivots: (S1) 0.8411; (P) 0.8425; (R1) 0.8455; More…. Intraday bias in EUR/GBP remains neutral for the moment and outlook stays bearish as long as 0.8498 resistance holds. Larger down trend should resume through 0.8382 at a later stage. In the bigger picture, down trend from 0.9267 (2022 high) is in progress. Next target is […]

Daily Pivots: (S1) 0.9429; (P) 0.9467; (R1) 0.9497; More… Intraday bias in EUR/CHF stays on the downside for retesting 0.9407/16 support zone. Decisive break there will resume larger down trend. On the upside, touching 0.9504 minor resistance will delay the bearish case and turn intraday bias neutral for consolidation first. In the bigger picture, rejection […]