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Daily Pivots: (S1) 1.2631; (P) 1.2710; (R1) 1.2752; More… GBP/USD is still holding above 1.2615 minor support with today’s decline. Intraday bias remains neutral first. Decisive break of 1.2615 will confirm that corrective rebound from 1.2486 has completed at 1.2810 already. Retest of 1.2486 should be seen next, and break there will resume whole decline […]

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USD/JPY Mid-Day Outlook

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30/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 140.66; (P) 143.58; (R1) 145.08; More… Intraday bias in USD/JPY remains on the downside as fall from 146.48 is in progress for retesting 139.578. Strong support could be seen again from 139.26 fibonacci level to bring rebound. However, firm break of 139.26 will carry larger bearish implications. In the bigger picture, fall […]
05/12/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8678; (P) 0.8717; (R1) 0.8766; More…. USD/CHF is staying in consolidation from 0.8665 and intraday bias stays neutral. Another fall is in favor as long as 0.8769 minor resistance holds. Below 0.8665 will resume the decline from 0.9243 to 161.8% projection of 0.9243 to 0.8886 from 0.9111 at 0.8533, which is close […]
02/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 160.90; (P) 161.31; (R1) 161.89; More… No change in USD/JPY’s outlook and intraday bias stays on the upside. Current up trend should target 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. On the downside, below 160.25 minor support will turn intraday bias neutral and bring consolidations again, before staging another […]