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Daily Pivots: (S1) 156.33; (P) 156.58; (R1) 157.07; More… Intraday bias in USD/JPY remains neutral for the moment. Price actions from 160.20 are seen as a corrective pattern. On the upside, break of 156.78 will resume the rise from 151.86, as the second leg, to 100% projection of 151.86 to 156.78 from 153.59 at 158.51. […]

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29/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 143.84; (P) 144.44; (R1) 145.19; More… No change in USD/JPY’s outlook. Further decline is still in favor in USD/JPY with 146.47 resistance intact, to retest 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 […]
03/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 146.08; (P) 146.62; (R1) 147.47; More… Intraday bias in USD/JPY remains mildly on the upside at this point. Pull back from 149.35 should have completed at 143.43 already. Further rise should be seen to 149.35 resistance first. Firm break there will resume the rebound from 141.67 and target 100% projection of 141.67 […]
24/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0794; (P) 1.0827; (R1) 1.0850; More… Intraday bias in EUR/USD stays neutral and outlook is unchanged. On the upside, break of 1.0894 will resume the rise from 1.0601 to 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed at 1.0601 already. However, firm break of 1.0810 will […]