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Daily Pivots: (S1) 1.6118; (P) 1.6190; (R1) 1.6231; More… Further decline is mildly in favor in EUR/AUD as long as 1.6260 minor resistance holds. But considering that price actions from 1.6531 are corrective in nature, downside should be contained above 1.6002 low. On the upside, break of 1.6260 will turn bias back to the upside […]

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24/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.78; (P) 161.18; (R1) 161.60; More… Intraday bias in EUR/JPY stays neutral for consolidations below 161.81. Even in case of deep retreat, further rally is expected as long as 158.55 resistance turned support holds. On the upside, break of 161.84 will resume whole rally from 153.15 to 161.8% projection of 153.15 to […]
02/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 145.13; (P) 145.69; (R1) 146.72; More… Intraday bias in USD/JPY remains neutral for the moment. On the upside, firm break of 146.47 resistance will argue that pull back from 149.35 has completed, and rebound from 141.67 is going to resume. Intraday bias will be back on the upside for 149.35 first and […]
01/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.78; (P) 191.02; (R1) 191.25; More….. GBP/JPY is gyrating in tight range around 55 4H EMA and intraday bias remains neutral. More consolidations could be seen. But outlook will stay bullish as long as 187.94 support holds. On the upside, break of 193.51 will resume larger up trend towards 195.86 long term […]