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Daily Pivots: (S1) 1.2672; (P) 1.2704; (R1) 1.2736; More… Intraday bias in GBP/USD remains on the upside at this point. Further rally would be seen to 1.2826 resistance first. Firm break there will resume whole rally from 1.2036, and target 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005 next. For now, further rise […]

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GBP/JPY Daily Outlook

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08/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.00; (P) 191.31; (R1) 191.95; More….. Intraday bias in GBP/JPY remains neutral and more consolidations could be seen below 193.51./ On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. On the downside, though, break of 190.02 will turn bias to the downside for 187.94 support […]
23/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 144.19; (P) 145.55; (R1) 146.63; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, break of 144.44 temporary low will reaffirm the case that rebound form 141.67 has completed, and bring retest of this low. On the upside, break of 149.35 will resume the rebound to 61.8% retracement […]
21/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8599; (P) 0.8625; (R1) 0.8654; More…. Intraday bias in USD/CHF stays on the downside for 0.8551 support. Strong support could be seen there to bring rebound. Break of 0.8650 minor resistance will indicate short term bottoming, and turn bias back to the upside for 0.8819 resistance. However, sustained break of 0.8551 could […]