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EUR/JPY stayed in range of 158.09/163.47 last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, firm break of 163.47/86 resistance will resume the rebound from 154.40 to 61.8% retracement of 175.41 to 154.40 at 167.38. On the downside, break of 158.09 will bring deeper fall back to 154.40/155.14 […]

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GBP/JPY Weekly Outlook

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21/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.66; (P) 195.35; (R1) 195.95; More… Intraday bias in GBP/JPY remains neutral as sideway trading continues. On the upside, break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. Sustained break there will target 208.09 high. On the downside, below 192.87 minor support […]
02/11/2024

EUR/CHF Weekly Outlook

EUR/CHF rebounded last week but stayed inside near term converging range. Initial bias remains neutral this week first. On the downside, break of 0.9331 will resume the fall from 0.9579 towards 0.9209 low. On the upside, break of 0.9506 will turn intraday bias to the upside for 0.9579 resistance and above. In the bigger picture, […]
21/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2596; (P) 1.2667; (R1) 1.2710; More… Intraday bias in GBP/USD remains neutral for the moment as consolidation from 1.2793 is extending. While sideway trading could extend, further rally is still expected as long as 1.2499 support holds. . On the upside, firm break of 1.2793 will resume the rally from 1.2036. Next […]