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Daily Pivots: (S1) 1.2396; (P) 1.2481; (R1) 1.2535; More… Intraday bias in GBP/USD remains on the downside at this point. Current fall from 1.2892 is in progress for 100% projection of 1.2892 to 1.2538 from 1.2708 at 1.2354. Firm break there will target 161.8% projection at 1.2207 next. On the upside, above 1.2510 minor resistance […]

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USD/JPY Daily Outlook

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EUR/USD Mid-Day Outlook

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24/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 156.55; (P) 156.92; (R1) 157.30; More… No change in USD/JPY’s outlook and intraday bias remains mildly on the upside. Rise from 161.86, as the second leg of the corrective pattern from 160.20, should now target 100% projection of 151.86 to 156.78 from 153.59 at 158.51. On the downside, below 155.83 minor support […]
03/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 146.08; (P) 146.62; (R1) 147.47; More… Intraday bias in USD/JPY remains mildly on the upside at this point. Pull back from 149.35 should have completed at 143.43 already. Further rise should be seen to 149.35 resistance first. Firm break there will resume the rebound from 141.67 and target 100% projection of 141.67 […]
17/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0783; (P) 1.0804; (R1) 1.0842; More… Intraday bias in EUR/SD is turned neutral with current retreat. Some consolidations would be seen but further rally is expected as long as 1.0765 support holds. Break of 1.0894 will resume the rise fro 1.0601 to 1.0980 resistance. Decisive break there will confirm that whole fall […]