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Daily Pivots: (S1) 0.6639; (P) 0.6657; (R1) 0.6693; More… AUD/USD recovered after dipping to 0.6621 briefly and intraday bias is turned neutral first. Some consolidations would be seen but risk will stay on the downside as long as 0.6766 resistance holds. Break of 0.6621 and sustained trading below 38.2% retracement of 0.6348 to 0.6823 at […]

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GBP/JPY Daily Outlook

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09/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 141.42; (P) 142.66; (R1) 143.54; More… Intraday bias in USD/JPY remains on the downside with focus on 141.67 support. Firm break there will resume whole decline from 161.95 high, for 140.25 support next. On the upside, above 144.22 minor resistance will turn intraday bias neutral first. But risk will stay on the […]
16/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.76; (P) 148.58; (R1) 150.09; More… Immediate focus stays on 38.2% retracement of 161.94 to 141.67 at 149.41. Decisive break there will bring stronger rally to 61.8% retracement at 154.19, even as a corrective move. On the downside, break of 146.06 minor support will suggest rejection by 149.91, and turn intraday bias […]
22/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2886; (P) 1.2930; (R1) 1.2958; More… Intraday bias in GBP/USD remains neutral first. Downside of consolidations should be contained by 1.2859 resistance turned support to bring another rally. Break of 1.3043 will resume the rise from 1.2298 and target 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, which is slightly […]