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Daily Pivots: (S1) 165.67; (P) 165.95; (R1) 166.50; More… EUR/JPY’s up trend continues to as high as 166.78 so far. Intraday bias stays on the upside for 168.72 projection level next. On the downside, below 165.41 minor support will turn intraday bias neutral and bring consolidations first, before staging another decline. In the bigger picture, […]

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USD/JPY Daily Outlook

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01/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 196.27; (P) 196.82; (R1) 197.70; More.. GBP/JPY is extending consolidation from 200.53 and intraday bias remains neutral. Outlook will remain bullish as long as 193.51 resistance turned support holds. Firm break of 200.53 will resume larger up trend. In the bigger picture, current rally is part of the up trend from 123.94 […]
22/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 153.93; (P) 154.30; (R1) 155.02; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. On the upside, break of 154.77 will resume larger up trend. But considering bearish divergence condition in 4H MACD, strong resistance should be seen from 155.20 fibonacci level to bring correction on first attempt. On the […]
29/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9883; (P) 0.9906; (R1) 0.9929; More…. Intraday bias in EUR/CHF is turned neutral with current retreat. But further rise is expected as long as 0.9880 minor support holds. Above 0.9928 will resume whole rally from 0.9252 to 100% projection of 0.9304 to 0.9847 from 0.9563 at 1.0106, which is slightly above 1.0095 […]