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Daily Pivots: (S1) 154.11; (P) 154.43; (R1) 154.71; More… Intraday bias in USD/JPY is turned neutral with current retreat. Considering bearish divergence condition in 4H MACD, in case of another rise, upside should be limited by 155.20 fibonacci projection level. On the downside, break of 153.89 minor support will turn bias back to the downside […]

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GBP/JPY Daily Outlook

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18/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2638; (P) 1.2715; (R1) 1.2760; More… GBP/USD is staying in consolidation below 1.2793 and intraday bias remains neutral at this point. While deeper retreat cannot be ruled out, outlook will stay cautiously bullish as long as 1.2499 support holds. On the upside, firm break of 1.2793 will resume the rally from 1.2036. […]
04/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0838; (P) 1.0875; (R1) 1.0922; More… EUR/USD’s fall from 1.1016 is in progress and intraday bias remains on the downside. Deeper decline would be seen to 55 D EMA (now at 1.0766). On the upside, above 1.0912 minor resistance will turn intraday bias neutral again first. Further break of 1.1016 will resume […]
30/05/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2673; (P) 1.2727; (R1) 1.2754; More… Intraday bias in GBP/USD remains neutral for the moment, and some consolidations would be seen below 1.2799 temporary top. But further rise is expected as long as 1.2670 support holds. Current rally from 1.2298 should target 1.2892 resistance next. However, break of 1.2670 will indicate short […]