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Daily Pivots: (S1) 154.18; (P) 154.48; (R1) 155.04; More… Intraday bias stays mildly on the upside with 153.89 minor support intact. USD/JPY is still in favor to rise towards 155.20 fibonacci projection level. But upside could be limited there, at least on first attempt, to bring pull back. On the downside, below 153.89 will turn […]

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GBP/USD Mid-Day Outlook

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EUR/USD Daily Outlook

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25/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 187.07; (P) 187.78; (R1) 188.42; More… GBP/JPY is extending the consolidation pattern from 188.90 and intraday bias stays neutral. Further rally is expected as long as 186.14 resistance turned support holds. On the upside, break of 188.90, and sustained trading above 188.63 will confirm up trend resumption. Next target is 38.2% projection […]
12/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 145.12; (P) 145.85; (R1) 146.89; More… Intraday bias in USD/JPY stays neutral for the moment. On the downside, firm break of 144.80 minor support will suggest that rebound from 141.59 has completed at 146.58, after rejection by 55 4H EMA. Intraday bias will then be back on the downside for retesting 141.59 […]
25/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8813; (P) 0.8868; (R1) 0.8907; More… USD/CHF’s fall from 0.9223 resumed by breaking 0.8819 support. Intraday bias stays on the downside for 61.8% retracement of 0.8332 to 0.9223 at 0.8672. For now, risk will stay on the downside as long as 0.8923 resistance holds, in case of recovery. In the bigger picture, […]