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Daily Pivots: (S1) 1.2681; (P) 1.2708; (R1) 1.2747; More… Intraday bias in GBP/USD is turned neutral with 4H MACD crossed above signal line. Some consolidations would be seen but deeper decline is in favor as long as 1.2822 resistance holds. On the downside, sustained break of 55 D EMA (now at 1.2677) will target 1.2517 […]

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EUR/GBP Daily Outlook

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EUR/USD Mid-Day Outlook

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27/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 143.77; (P) 144.21; (R1) 144.98; More… Intraday bias in USD/JPY stays mildly on the downside despite loss of momentum. Fall from 149.35 should target 141.67 low. Firm break there will resume the whole fall from 161.94 to 140.25 support next. On the upside, above 146.47 minor resistance will turn intraday bias neutral […]
26/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 159.33; (P) 159.55; (R1) 159.90; More… Intraday bias in USD/JPY is back on the upside as recent rally resumed through 159.92 temporary top after brief consolidations. Decisive break of 100% projection of 151.86 to 157.70 from 154.53 at 160.37 will confirm long term up trend resumption, and pave the way to 161.8% […]
18/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 170.11; (P) 171.47; (R1) 172.23; More… EUR/JPY’s break of 170.87 resistance turned support argues that fall from 175.41 might be correcting whole rise from 153.15 already. Intraday bias is back on the downside. Sustained trading below 55 D EMA (now at 170.30) will target 38.2% retracement of 153.15 to 175.41 at 166.90. […]