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Daily Pivots: (S1) 149.58; (P) 150.27; (R1) 151.55; More… Intraday bias in USD/JPY remains on the upside at for 151.93 key resistance. Decisive break there will confirm long term 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, below 150.76 minor support […]

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19/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0713; (P) 1.0737; (R1) 1.0765; More…. Intraday bias in EUR/USD remains neutral and outlook is unchanged. More consolidations could be seen but further fall is expected as long as 55 4H EMA (now at 1.0763) holds. Fall from 1.0915 is seen as another leg in the larger corrective pattern. Below 1.0677 will […]
24/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6048; (P) 1.6081; (R1) 1.6134; More… Intraday bias in EUR/AUD stays neutral and consolidation from 1.6026 could extend. But upside should be limited by EUR/AUD’s down trend continued last week but it recovered after hitting 1.6026. Initial bias is neutral this week for some consolidations first. Upside should be limited by 1.6211 […]
16/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 145.09; (P) 145.52; (R1) 146.19; More… USD/JPY is still staying below 146.40 and intraday bias remains neutral. Rebound from 140.25 could extend through 146.40, but upside should be limited by 61.8% retracement of 151.89 to 140.25 at 147.44. On the downside, break of 143.41 will turn bias back to the downside for […]