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Daily Pivots: (S1) 140.08; (P) 140.99; (R1) 141.69; More… Intraday bias in USD/JPY remains on the downside for 139.26 fibonacci level. Some support could be seen there to bring rebound. But outlook will remain bearish as long as 143.03 resistance holds. Decisive break of 139.26 would carry larger bearish implications, and target 61.8% projection of […]

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GBP/JPY Daily Outlook

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26/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6424; (P) 1.6503; (R1) 1.6549; More… Intraday bias in EUR/AUD stays neutral first. On the downside, sustained trading below 55 D EMA (now at 1.6432) will argue that rise from 1.5996 has completed at 1.7180 Deeper fall would then be seen back to this support. Nevertheless, strong rebound from current levels, followed […]
19/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.90; (P) 192.34; (R1) 192.77; More.. GBP/JPY is still bounded in established range despite today’s volatility. Intraday bias remains neutral. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. Nevertheless, decisive break of 189.97 support will indicate that it’s at least correcting the rise from […]
17/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6590; (P) 0.6617; (R1) 0.6643; More… Intraday bias in AUD/USD remains neutral as range trading continues. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance next. However, […]