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Daily Pivots: (S1) 148.93; (P) 149.13; (R1) 149.35; More… USD/JPY’s rally from 146.47 continues today and intraday bias stays on the upside for retesting 150.87/89 key resistance. Decisive break there will confirm larger up trend resumption. Next near term target will be 61.8% projection of 140.25 to 150.87 from 146.47 at 153.03. On the downside, […]

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GBP/JPY Daily Outlook

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05/02/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8524; (P) 0.8536; (R1) 0.8551; More… Intraday bias in EUR/GBP stays neutral for the moment. Near term outlook will stay bearish as long as 0.8591 resistance holds. Below 0.8512 will resume the decline from 0.8713 to 0.8491, and then 0.8464 projection level. However, firm break of 0.8591 will turn bias back to […]
05/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8983; (P) 0.9012; (R1) 0.9031; More… Intraday bias in USD/CHF remains neutral first as consolidation from 0.9049 is extending. Further rise is mildly in favor as long as 0.8956 support holds. Above 0.9049 will affirm the case that corrective fall from 0.9223 has completed at 0.8825. Further rally would then be seen […]
28/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3184; (P) 1.3202; (R1) 1.3226; More… Intraday bias in USD/CAD remains on the downside at this point. Current fall from 1.3897 should target 1.3091 support and possibly below. On the upside, above 1.3284 minor resistance will turn intraday bias neutral and bring consolidations. But another decline will remain in favor as long […]