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Daily Pivots: (S1) 160.82; (P) 162.00; (R1) 162.80; More… EUR/JPY’s break of 160.89 support argues that rebound from 156.16 has completed at 164.89 already. Intraday bias is back on the downside for 156.16 support first. Firm break there will argue that corrective pattern from 154.40 has completed, and fall from 175.41 is ready to resume. […]

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04/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 189.31; (P) 189.85; (R1) 190.49; More….. Intraday bias in GBP/JPY remains neutral for the moment. Corrective pattern from 191.29 could still extend. Break of 188.02 minor support will bring deeper fall to 38.2% retracement of 178.32 to 191.29 at 186.33, as a correction to rise from 178.32. Nevertheless, on the upside, decisive […]
30/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3346; (P) 1.3387; (R1) 1.3414; More… GBP/USD is extending consolidation below 1.3433 temporary top and intraday bias remains neutral. Further rally is expected as long as 1.3265 resistance turned support holds. Above 1.3433 will resume larger rise to 100% projection of 1.2664 to 1.3265 from 1.3000 at 1.3601 next. Nevertheless, considering bearish […]
16/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2955; (P) 1.2975; (R1) 1.2988; More… Intraday bias in GBP/USD is turned neutral first with current retreat. Some consolidations would be seen below 1.2994 temporary top first. But further rally is expected as long as 1.2859 resistance turned support holds. Above 1.2994 will resume the rally from 1.2298 and target 100% projection […]