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Daily Pivots: (S1) 1.0783; (P) 1.0804; (R1) 1.0842; More… EUR/USD’s rally from 1.0601 continues today and intraday bias stays on the upside. Next target is 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed already. On the downside, below 1.0833 minor support will turn intraday bias neutral first. But further […]

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GBP/JPY Daily Outlook

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20/08/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 145.17; (P) 146.62; (R1) 148.04; More… As noted before, USD/JPY’s rebound from 141.67 could have completed at 149.35 after rejection by 38.2% retracement of 161.94 to 141.67 at 149.41. Intraday bias stays mildly on the downside for retesting 141.67 low. Firm break there will resume the whole fall from 161.94 to 139.26 […]
20/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0935; (P) 1.0961; (R1) 1.1007; More… EUR/USD is staying in consolidation from 1.1108 and intraday bias remains neutral. Further rally is expected as long as 1.0722 support holds. On the upside, break of 1.1016 will resume the whole rise from 1.0447 to retest 1.1274 high. In the bigger picture, price actions from […]
10/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3046; (P) 1.3095; (R1) 1.3121; More… No change in GBP/USD’s outlook and intraday bias remains neutral. Further rise is expected with 1.3043 resistance turned support intact. On the upside, firm break of 1.3265 will resume larger up trend to 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. However, firm break […]