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Daily Pivots: (S1) 154.11; (P) 154.43; (R1) 154.71; More… Intraday bias in USD/JPY remains neutral for the moment. 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 for […]

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GBP/JPY Daily Outlook

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29/11/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2631; (P) 1.2673; (R1) 1.2739; More… GBP/USD’s rally is still in progress and intraday bias stays on the upside. 4H MACD indicates that it’s picking up momentum again. Sustained trading above 61.8% retracement of 1.3141 to 1.2036 at 1.2716 will pave the way to retest 1.3141 high. On the downside, below 1.2606 […]
02/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3777; (P) 1.3818; (R1) 1.3849; More… USD/CAD’s rally resumed after brief consolidations and intraday bias is back on the upside. Current rise is part of the whole rally from 1.3176 and next target is 61.8% projection of 1.3176 to 1.3845 from 1.3588 at 1.4025. On the downside, break of 1.3786 support is […]
06/09/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 142.79; (P) 143.51; (R1) 144.17; More… Intraday bias in USD/JPY stays on the downside for the moment. Firm break of 141.67 support will resume whole decline from 161.95 high, for 140.25 support next. On the upside, above 144.22 minor resistance will turn intraday bias neutral first. But risk will stay on the […]