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Daily Pivots: (S1) 154.84; (P) 155.59; (R1) 156.11; More… Intraday bias in EUR/JPY remains neutral as range trading continues. On the upside, above 158.55 will resume the corrective rebound from 153.15. On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In the bigger […]

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EUR/GBP Daily Outlook

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02/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3528; (P) 1.3558; (R1) 1.3600; More… Range trading continues in USD/CAD and intraday bias stays neutral. On the upside, decisive break of 1.3612 resistance will resume whole rise from 1.3176 towards 1.3897 resistance. On the downside, firm break of 1.3419 support will argue that rebound from 1.3176 has completed. Near term outlook […]
04/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8504; (P) 0.8520; (R1) 0.8530; More…. Intraday bias in EUR/GBP stays neutral and outlook is unchanged. Further decline is expected as long as 55 D EMA (now at 0.8550) holds. Decisive break of 0.8491/7 will resume larger down trend to 0.8376 projection level next. However, sustained break of 55 D EMA will […]
14/03/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.31; (P) 147.68; (R1) 148.12; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, sustained break of 38.2% retracement of 140.25 to 150.87 at 146.81 will argue that fall from 150.87 is reversing the whole rally from 140.25. In this case, deeper decline would be seen to 61.8% […]