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Daily Pivots: (S1) 152.37; (P) 153.54; (R1) 155.78; More… USD/JPY’s rally is still in progress and intraday bias stays on the upside. Rise from 139.57 should target 61.8% projection of 141.63 to 153.87 from 151.27 at 158.83. For now, outlook will remain bullish as long as 151.27 support holds, in case of retreat. In the […]

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EUR/AUD Daily Outlook

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EUR/USD Mid-Day Outlook

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04/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1018; (P) 1.1051; (R1) 1.1075; More…. Intraday bias in EUR/USD stays neutral at this point. While retreat from 1.1200 might extend lower, rally from 1.0665 is in favor to continue as long as 1.0947 resistance turned support holds. Above 1.1104 minor resistance will bring retest of 1.1200 first. Break there will target […]
02/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2830; (P) 1.2847; (R1) 1.2873; More… GBP/USD’s fall from 1.3043 is in progress and intraday bias stays on the downside. Rise from 1.2298 could have completed at 1.3043 already. Deeper fall would be seen to 1.2612 support and below. On the upside, break of 1.2863 resistance is needed to indicate short term […]
25/03/2024

GBP/JPY Weekly Outlook

GBP/JPY’s up trend resumed last week and surged to 193.51, but retreated notably since then. Initial bias remains neutral this week for more corrective trading. Nevertheless, outlook will stay bullish as long as 187.94 support holds. On the upside, break of 193.51 will resume larger up trend to 61.8% projection of 178.32 to 191.29 from […]