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EUR/GBP’s fall from 0.8624extended lower last week but recovered after hitting 61.8% projection of 0.8624 to 0.8399 from 0.8463 at 0.8324. Initial bias stays neutral this week for consolidations, and outlook will stay bearish as long as 0.8399 support turned resistance holds. On the downside, below 0.8316 will resume the fall from 0.8624 to 100% […]

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AUD/USD Weekly Report

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EUR/AUD Weekly Outlook

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31/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.16; (P) 147.54; (R1) 147.99; More… Intraday bias in USD/JPY stays neutral at this point as consolidation from 148.79 is still extending. With 145.97 resistance turned support intact, further rally is in favor. As noted before, corrective fall from 151.89 should have completed at 140.25 already. Break of 148.79 will resume the […]
26/03/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 151.13; (P) 151.35; (R1) 151.64; More… Outlook in USD/JPY remains unchanged at consolidation from 151.82 is still extending. Intraday bias stays neutral at this point. Further rally is expected as long as 150.25 support holds. On the upside, decisive break of 151.93 key resistance will confirm long term up trend resumption. Next […]
07/03/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2694; (P) 1.2728; (R1) 1.2765; More… GBP/USD’s rally from 1.2517 is in progress and intraday bias stays on the upside. Further rise would be seen to 1.2826 resistance first. Firm break there will resume whole rally from 1.2036, and target 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005 next. For […]