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Daily Pivots: (S1) 0.8294; (P) 0.8315; (R1) 0.8354; More… Intraday bias in EUR/GBP is turned neutral again with break of 0.8324 minor resistance. Some consolidations could be seen but further decline is expected as long as 0.8446 resistance holds. Break of 0.8259 will resume larger down trend to 0.8201 key support. In the bigger picture, […]

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USD/JPY Mid-Day Outlook

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11/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 143.18; (P) 144.20; (R1) 145.89; More… USD/JPY’s recovery from 141.59 continues today, and further rally could be seen. But upside should be limited below 147.14 support turned resistance. On the downside, below 143.75 minor support will turn bias to the downside for retesting 141.59. Break of 141.59 and sustained trading below 142.45 […]
13/12/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 152.05; (P) 152.41; (R1) 153.03; More… Intraday bias in USD/JPY remains on the upside for retesting 156.74 resistance. Current development suggests that rise from 139.57 might still be in progress and break of 156.74 will confirm resumption. On the downside, below 151.00 minor support will turn intraday bias neutral first. But risk […]
22/08/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8487; (P) 0.8525; (R1) 0.8554; More….. Intraday bias in USD/CHF stays on the downside for the moment. Fall from 0.8747 is in progress for retesting 0.8431. Firm break there will resume whole decline from 0.9223 towards 0.8332 low. On the upside, above 0.8560 minor resistance will turn intraday bias neutral first. But […]