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Daily Pivots: (S1) 0.8535; (P) 0.8551; (R1) 0.8562; More… No change in EUR/GBP’s outlook and intraday bias stays on the downside for 0.8529 support. Decisive break there will suggest that larger down trend is ready to resume through 0.8491/7 support one. On the upside, above 0.8567 minor resistance will delay the bearish case and turn […]

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06/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.31; (P) 159.80; (R1) 160.20; More… Intraday bias in EUR/JPY remains neutral with focus on 160.25 minor resistance. Decisive break there will indicate that rise from 153.15 is ready to resume, and turn bias back to the upside for 161.84 first. Nevertheless, break of 158.06 will now suggest that the rise from […]
10/08/2024

USD/JPY Weekly Outlook

USD/JPY rebounded strongly after initial dive to 141.67 last week. While further rally cannot be ruled out, outlook will stay bearish as long as 38.2% retracement of 161.94 to 141.67 at 149.41 holds. Below 144.04 minor support will turn bias to the downside for 141.67. Break there will resume the fall from 161.94 to 140.25 […]
11/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 141.86; (P) 142.79; (R1) 143.37; More… USD’s fall from 161.94 resumed by breaking through 141.76 temporary low. Intraday bias is back on the downside for 140.25 support, and possibly further to 139.26 fibonacci level too. On the upside, above 143.70 minor resistance will turn intraday bias neutral first. But outlook will stay […]