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Daily Pivots: (S1) 155.58; (P) 156.12; (R1) 157.09; More…. Intraday bias in EUR/JPY is turned neutral again with current recovery, and some consolidations would be seen. But further decline is expected as long as 158.71 resistance holds. Decisive break of 154.40 low will resume whole decline from 175.41 to 153.15 support, and possibly further to […]

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11/03/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2809; (P) 1.2852; (R1) 1.2902; More… Intraday bias in GBP/USD is turned neutral first with current retreat. Some consolidations would be seen below 1.2892 temporary top first. But further rally will remain in favor as long as 55 4H EMA (now at 1.2735) holds. On the upside, above 1.2892 will resume larger […]
30/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0695; (P) 1.0714; (R1) 1.0740; More… Outlook in EUR/USD is unchanged and intraday bias stays neutral. On the upside, above 1.0752 will resume the rebound to 55 D EMA (now at 1.0780). On the downside, break of 1.0673 minor support will turn intraday bias to the downside for retesting 1.0601 low. In […]
20/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 142.41; (P) 143.68; (R1) 145.12; More… Outlook in USD/JPY is unchanged and intraday bias stays neutral at this point. Upside of current recovery should be limited below 156.48 resistance to bring another decline. Firm break of 140.94 will resume the whole fall from 151.89. Next target will be next fibonacci level at […]