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Daily Pivots: (S1) 1.0838; (P) 1.0854; (R1) 1.0884; More… EUR/USD is staying in consolidation above 1.0810 temporary low and intraday bias stays neutral. Outlook will stay remain as long as 1.0954 resistance holds. Below 1.0810 will resume the fall from 1.1213 to 61.8% retracement of 1.0447 to 1.1213 at 1.0740. Firm break there will target […]

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USD/JPY Mid-Day Outlook

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USD/JPY Daily Outlook

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24/09/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 143.02; (P) 143.74; (R1) 144.32; More… Despite loss of upside momentum as seen in 4H MACD, further rise is still in favor in USD/JPY with 141.73 minor support intact. 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 will […]
07/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.26; (P) 158.69; (R1) 159.01; More.. EUR/JPY’s fall from 164.29 accelerates to as low as 157.34 so far. Intraday bias stays on the downside and deeper decline would be seen to 154.32 cluster support (38.2% retracement of 139.05 to 164.29 at 154.64). On the upside, above 158.56 minor resistance will turn intraday […]
25/11/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 153.82; (P) 154.64; (R1) 155.36; More… USD/JPY is extending consolidation pattern from 156.74 and intraday bias remains neutral. On the downside, break of 153.27 will bring deeper correction to 38.2% retracement of 139.57 to 156.74 at 150.18. Meanwhile, on the upside, firm break of 156.74 will resume the rally from 139.57 towards […]