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Daily Pivots: (S1) 0.9274; (P) 0.9303; (R1) 0.9334; More… EUR/USD is staying in consolidation from 0.9252 and intraday bias remains neutral. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will In the bigger picture, medium term outlook remains […]

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EUR/AUD Daily Outlook

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USD/JPY Daily Outlook

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13/08/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 146.43; (P) 147.32; (R1) 148.11; More… Intraday bias in USD/JPY stays neutral and outlook remains bearish with 38.2% retracement of 161.94 to 141.67 at 149.41 intact and intraday bias stays neutral. Below 145.42 minor support will turn bias to the downside for 141.67. Break there will resume the fall from 161.94 to […]
27/01/2024

GBP/JPY Weekly Outlook

GBP/JPY edged higher to 188.90 last week but retreated since then. Initial bias remains neutral this week first. Further rally is expected as long as 186.14 support holds. Break of 188.90, and sustained trading above 188.63, will confirm up trend resumption. Next target is 38.2% projection of 155.33 to 188.63 from 178.32 at 191.04. However, […]
02/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6085; (P) 1.6117; (R1) 1.6159; More… Intraday bias in EUR/AUD stays neutral as consolidations continue above 1.5996. Outlook stays bearish as long as 1.6211 support turned resistance holds. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there will target 1.5846 […]