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GBP/JPY stayed in range below 195.95 last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. On the downside, break of 189.54 will turn bias back to the downside for […]

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05/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6304; (P) 1.6345; (R1) 1.6401; More…. Range trading continues in EUR/AUD and intraday bias remains neutral for the moment. On the downside, firm break of 1.6211 support will resume the whole decline from 1.6742, as the third leg of the correction from 1.7062. On the upside, above 1.6403 will resume the rebound […]
13/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0757; (P) 1.0773; (R1) 1.0787; More… Intraday bias in EUR/USD remains neutral for the moment. Further rally is expected as long as 55 4H EMA (now at 1.0747) holds. On the upside, above 1.0810 will resume the rebound from 1.0601 to 1.0884 resistance next. However, firm break of 55 4H EMA will […]
01/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0802; (P) 1.0826; (R1) 1.0849; More….. Intraday bias in EUR/USD remains neutral for consolidation above 1.0797 temporary low. Further decline decline is expected with 1.0869 resistance intact. Sustained break of 55 D EMA (now at 1.0815) will argue that whole rebound from 1.0601 has completed with three waves up to 1.0947. Deeper […]