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Daily Pivots: (S1) 1.3109; (P) 1.3133; (R1) 1.3152; More… GBP/USD’s rebound from 1.3000 extends higher today but stays below 1.3265 resistance. Intraday bias remains neutral first. On the upside, decisive break of 1.3265 will resume larger rally 1.3364 projection level next. On the downside, below, 1.3177 minor support will turn bias to the downside, to […]

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USD/JPY Daily Outlook

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07/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0747; (P) 1.0776; (R1) 1.0792; More… Intraday bias in EUR/USD remains mildly on the downside for the moment. Sustained break of 55 D EMA (now at 1.0770) will extend the fall from 1.1016 short term top to retest 1.0447 support. On the upside, above 1.0804 minor resistance will turn intraday bias neutral […]
26/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.32; (P) 155.53; (R1) 155.87; More… Intraday bias in USD/JPY remains on the upside for 100% projection of 140.25 to 150.87 from 146.47 at 157.09. Some resistance could be seen there to bring retreat. But further rally is expected as long as 154.77 resistance turned support holds. Sustained break of 157.09 will […]
29/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0843; (P) 1.0866; (R1) 1.0879; More… Range trading continues in EUR/USD and intraday bias remains neutral. More consolidations could still be seen. On the upside, break of 1.0894 will resume the rally from 1.0601 to 1.0980 resistance next. However, break of 1.0804 will turn bias back to the downside for 1.0752 resistance […]