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Daily Pivots: (S1) 0.9001; (P) 0.9036; (R1) 0.9057; More…. Intraday bias in USD/CHF is turned neutral again first with current recovery. But further decline is expected as long as 0.9101 resistance holds. Break of 0.8987 will resume the whole fall from 0.9223 and target 38.2% retracement of 0.8332 to 0.9223 at 0.8883 next. However, break […]

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GBP/JPY Daily Outlook

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08/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 154.11; (P) 154.43; (R1) 155.01; More… Intraday bias in USD/JPY remains mildly on the upside at this point. Rebound from 151.86 is seen as the second leg of the corrective pattern from 160.20 high. Further rise would be seen to 157.98 resistance. On the downside, below 154.23 minor support will turn intraday […]
30/08/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3133; (P) 1.3180; (R1) 1.3215; More… GBP/USD is extending the consolidation from 1.3265 and intraday bias stays neutral for now. Downside of retreat should be contained well above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to 100% projection of 1.2298 to 1.3043 […]
27/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 156.71; (P) 157.04; (R1) 157.54; More.. Intraday bias in EUR/JPY stays neutral for the moment and outlook is unchanged. On the upside, above 158.55 will resume the rebound from 153.15 through 55 D EMA (now at 158.68). On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement […]