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Daily Pivots: (S1) 158.74; (P) 159.83; (R1) 160.39; More…. Current decline suggests that rebound from 154.40 has completed at 163.86. Intraday bias in EUR/JPY is back on the downside for retesting 154.40 low first. Firm break there will resume whole fall from 175.41. On the upside, above 160.01 support turned resistance will turn intraday bias […]

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29/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6292; (P) 1.6318; (R1) 1.6352; More… Intraday bias in EUR/AUD remains mildly on the downside for retesting 1.6211 low first. Firm break there will resume the whole decline from 1.6742, as the third leg of the correction from 1.7062. On the upside, above 1.6403 will resume the rebound from 1.6211 instead. In […]
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 […]
02/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.76; (P) 163.65; (R1) 165.29; More… Intraday bias in EUR/JPY remains on the downside for the moment. Current fall from 175.41 should target 155.91 fibonacci level next. On the upside, above 163.41 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another decline. In the bigger picture, break […]