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Daily Pivots: (S1) 192.99; (P) 193.57; (R1) 194.67; More… No change in GBP/JPY’s outlook, as it stays bearish as long as 55 D EMA (now at 193.97) holds. On the downside, below 190.59 minor support will bring retest of 188.07 first. Break there will target 183.70 support next. However, sustained trading above the EMA will […]

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28/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9592; (P) 0.9607; (R1) 0.9636; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. Further decline is expected as long as 0.9683 resistance holds. On the downside, break of 0.9476, and sustained trading below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 will bring retest of 0.9252 low next. In […]
18/11/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.65; (P) 163.34; (R1) 164.37; More…. Intraday bias in EUR/JPY stays on the downside despite today’s weak recovery. Prior break of 55 D EMA (now at 163.39) argues that corrective rebound from 154.40 has completed with three waves up to 166.67, ahead of61.8% retracement of 175.41 to 154.40 at 167.38. Further decline […]
01/10/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 142.21; (P) 143.07; (R1) 144.48; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, below 141.63 will target 139.57 low. But strong support could be seen again from 139.26 fibonacci level to bring rebound. On the upside, above 146.48 will resume the rebound from 139.57 to 38.2% retracement […]