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Daily Pivots: (S1) 1.6361; (P) 1.6440; (R1) 1.6484; More… Intraday bias in EUR/AUD remains neutral at this point. On the downside, below 1.6368 will resume the fall from 1.6742 towards 1.6127 low. Nevertheless, break of 1.6516 will turn bias back to the upside for stronger rebound. In the bigger picture, fall from 1.7062 medium term […]

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GBP/JPY Daily Outlook

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08/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8583; (P) 0.8600; (R1) 0.8623; More…. Intraday bias in EUR/GBP is mildly on the upside with breach of 0.8618 temporary top. Rise from 0.8382 is resuming for 0.8643 resistance. Decisive break there will strengthen the case of larger bullish reversal and target 0.8764 key resistance next. On the downside, however, break of […]
04/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 144.68; (P) 145.94; (R1) 146.73; More… Intraday bias in USD/JPY remains neutral for the moment, and further rally will remain in favor as long as 143.43 support holds. Above 147.20 will target 149.35 resistance first. Firm break there will resume the rebound from 141.67 to 100% projection of 141.67 to 149.35 from […]
04/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.93; (P) 191.44; (R1) 192.45; More….. Break of 191.65 minor resistance suggests that GBP/JPY’s pullback from 193.51 has completed at 190.02 already. Intraday bias is back on the upside for retesting 193.51 first. Firm break there will resume larger up trend. For now, further rally is expected as long as 190.02 support […]