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Daily Pivots: (S1) 193.63; (P) 194.47; (R1) 195.24; More… Intraday bias in GBP/JPY remains neutral for the moment. 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 will […]

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27/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2594; (P) 1.2644; (R1) 1.2672; More… GBP/USD’s fall from 1.2859 is trying to resume through 1.2622 temporary low and intraday bias is back on the downside. Sustained trading below 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. On the upside, however, firm […]
02/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 148.42; (P) 151.16; (R1) 152.72; More… No change in USD/JPY’s outlook and intraday bias stays on the downside at this point. Strong support could be seen from 148.66 fibonacci level to bring consolidations. On the upside, above 151.93 support turned resistance will turn bias back to the upside for stronger recovery. Nevertheless, […]
20/09/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8388; (P) 0.8406; (R1) 0.8419; More… EUR/GBP’s break of 0.8399 support confirms resumption of the decline from 0.8624. Intraday bias stays on the downside for 0.8382 low. Firm break there will resume larger down trend. Next near term target will be 61.8% projection of 0.8624 to 0.8399 from 0.8463 at 0.8324. For […]