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Daily Pivots: (S1) 185.77; (P) 187.58; (R1) 188.65; More… Intraday bias in GBP/JPY remains on the downside for the moment. Fall from 193.45 is in progress for retest 180.00 low first. Break there will resume whole fall from 208.09. On the upside, above 189.76 minor resistance will turn intraday bias neutral. In the bigger picture, […]

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21/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2596; (P) 1.2667; (R1) 1.2710; More… GBP/USD recovers today but stays in consolidation from 1.2793. Intraday bias remains neutral for the moment. 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. […]
30/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 166.11; (P) 166.81; (R1) 167.39; More… Intraday bias in EUR/JPY remains neutral as consolidation continues above 164.81. Further decline is expected as long as 55 4H EMA (now at 168.63) holds. On the downside, decisive break of 164.29 support turned resistance will indicate that larger scale correction is underway for 155.91 fibonacci […]
10/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6537; (P) 1.6585; (R1) 1.6614; More… Intraday bias in EUR/AUD stays on the upside at this point. As noted before, corrective pullback from 1.7180 could have completed at 1.6256 already. Further rise should be seen to retest 1.7180 high next. On the downside, however, break of 1.6457 support will turn bias back […]