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Daily Pivots: (S1) 161.25; (P) 162.09; (R1) 162.82; More…. EUR/JPY is staying in consolidation below 163.86 and intraday bias remains neutral. On the upside, break of 163.86 will resume the rise from 154.40 and target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the […]

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EUR/USD Daily Outlook

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20/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 187.63; (P) 187.94; (R1) 188.57; More… Intraday bias in GBP/JPY stays on the upside for the moment. Sustained break of 188.63 will confirm larger up trend resumption. Next target is 38.2% projection of 155.33 to 188.63 from 178.32 at 191.04. On the downside, below 1187.01 minor support will turn intraday bias neutral […]
29/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0843; (P) 1.0866; (R1) 1.0879; More… Range trading continues in EUR/USD and intraday bias remains neutral. More consolidations could still be seen. On the upside, break of 1.0894 will resume the rally from 1.0601 to 1.0980 resistance next. However, break of 1.0804 will turn bias back to the downside for 1.0752 resistance […]
28/03/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 150.91; (P) 151.44; (R1) 151.85; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, break of 150.25 support should confirm short term topping, and turn bias back to the downside for 55 D EMA (now at 149.01). Nevertheless, sustained break of 151.93 key resistance will confirm long term […]