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Daily Pivots: (S1) 0.8355; (P) 0.8399; (R1) 0.8429; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside, break of 0.8294 low will resume larger down trend to 0.8201 key support next. On the upside, break of 0.8446 will resume the rebound fro 0.8294 short term bottom towards 0.8624 resistance instead. In […]

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USD/JPY Mid-Day Outlook

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16/09/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8427; (P) 0.8440; (R1) 0.8453; More… Intraday bias in EUR/GBP remains neutral for the moment. Consolidation from 0.8399 is in progress and stronger recovery cannot be ruled out. But upside should be limited by 38.2% retracement of 0.8624 to 0.8399 at 0.8485. Break of 0.8399 will bring retest of 0.8382 low. Firm […]
08/11/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.16; (P) 153.44; (R1) 154.17; More… Intraday bias in USD/JPY remains neutral and more consolidations could be seen below 154.70. But further rally is expected as long as 151.27 support holds. On the upside, break of 154.70 will resume the rally from 139.57 towards 161.94 high. In the bigger picture, price actions […]
14/10/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6172; (P) 1.6214; (R1) 1.6242; More… Intraday bias in EUR/AUD Is mildly on the downside at this point. Rebound from 1.6002 could have completed at 1.6351. Deeper fall would be seen back to retest 1.6002 low. On the upside, though, above 1.6351 will resume the rebound from 1.6002 to 38.2% of 1.7180 […]