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Daily Pivots: (S1) 155.11; (P) 155.71; (R1) 156.59; More.. EUR/JPY’s breach of 157.67 resistance suggest that rebound from 153.15 is resuming. Intraday bias is back on the upside for 55 D EMA (now at 159.00). On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at […]

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GBP/JPY Daily Outlook

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EUR/GBP Daily Outlook

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02/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3091; (P) 1.3145; (R1) 1.3181; More… GBP/USD is staying in consolidation below 1.3265 and intraday bias remains neutral. While deeper retreat cannot be ruled out, downside should be contained well above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to 100% projection of […]
15/02/2024

GBP/JPY Mid-Day Outlook

Daily Pivots: (S1) 188.87; (P) 189.48; (R1) 190.50; More… Intraday bias in GBP/JPY is turned neutral with current retreat and some consolidations could be seen first. Downside should be contained well above 185.21 support to bring another rise. Break of 190.05 will resume larger up trend to 61.8% projection of 178.71 to 188.90 from 185.21 […]
09/09/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8379; (P) 0.8428; (R1) 0.8480; More… Intraday bias in USD/CHF is turned neutral with 4H MACD crossed above signal line. But further decline will remain in favor as long as 0.8536 resistance holds. Below 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down […]