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Daily Pivots: (S1) 142.28; (P) 143.39; (R1) 145.03; More… No change in USD/JPY’s outlook and intraday bias stays mildly on the upside. Rebound from 139.57 short term bottom should extend to 38.2% retracement of 161.94 to 139.57 at 148.11. On the downside, below 141.73 minor support will turn bias to the downside for retesting 139.57 […]

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21/08/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 144.53; (P) 145.94; (R1) 146.67; More… Intraday bias in USD/JPY remains mildly on the downside for the moment. Rebound from 141.67 could have completed at 149.35 after rejection by 38.2% retracement of 161.94 to 141.67 at 149.41. Deeper fall would be seen to retest 141.67 low. Firm break there will resume the […]
10/10/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3049; (P) 1.3081; (R1) 1.3107; More… Intraday bias GBP/USD stays neutral for the moment. While corrective fall from 1.3433 might extend lower, strong support should be seen from 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) to contained downside. Above 1.3174 minor resistance will turn bias back to the […]
15/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 154.53; (P) 155.29; (R1) 156.72; More.. EUR/JPY recovered ahead of 153.15 support and intraday bias is turned neutral. Near term outlook stay bearish as long as 157.67 resistance intact. On the downside decisive break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In […]