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Daily Pivots: (S1) 190.36; (P) 191.42; (R1) 192.12; More… Intraday bias in GBP/JPY remains neutral at this point. Recovery from 188.07 might extend higher. But outlook will stay bearish as long as 55 D EMA (now at 193.97) holds. On the downside, below 190.33 minor support will bring retest of 188.07 first. Break there will […]

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10/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3624; (P) 1.3636; (R1) 1.3647; More… Outlook in USD/CAD remains unchanged and intraday bias stays neutral first. Corrective pattern from 1.3845 could still extend. Break of 1.3589 will target 100% projection of 1.3845 to 1.3589 from 1.3790 at 1.3534. Strong support would be seen there to bring rebound. On the upside, above […]
26/03/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 151.13; (P) 151.35; (R1) 151.64; More… Intraday bias in USD/JPY remains neutral as consolidation from 151.82 is still extending. Further rally is expected as long as 150.25 support holds. On the upside, decisive break of 151.93 key resistance will confirm long term up trend resumption. Next near term target will be 61.8% […]
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EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8367; (P) 0.8386; (R1) 0.8398; More… Intraday bias in EUR/GBP remains neutral and outlook stays bearish for now. On the downside, break of 0.8309 will resume larger down trend to 0.8201 key support next. However, decisive break of 38.2% retracement of 0.8624 to 0.8309 at 0.8429 will pave the way to 61.8% […]