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Daily Pivots: (S1) 149.08; (P) 149.44; (R1) 150.02; More… Intraday bias in USD/JPY remains neutral for consolidations below 149.97 temporary top. Further rally is expected with 146.48 resistance turned support intact. Above 149.97 will resume the rise from 139.57 to 61.8% retracement of 161.94 to 139.57 at 153.39 next. However, firm break of 146.48 will […]

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22/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6468; (P) 1.6539; (R1) 1.6599; More… Intraday bias in EUR/AUD remains neutral as range trading continues. Near term outlook will stay cautiously bullish as long as 1.6439 support holds. On the upside, above 1.6677 will target 1.6742 first. Decisive break there will resume whole rise from 1.6127 and target 1.6844 resistance next. […]
05/04/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2624; (P) 1.2654; (R1) 1.2673; More… Intraday bias in GBP/USD remains mildly on the downside for 1.2517/38 support zone. Decisive break there will suggest that rise from 1.2036 has completed at 1.2892 already, and turn near term outlook bearish. On the upside, however, firm break of 1.2682 will suggest that fall from […]
09/08/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2693; (P) 1.2722; (R1) 1.2780; More… GBP/USD dips mildly after hitting 55 4H EMA but stays in range above 1.2664. Intraday bias remains neutral for the moment. Another fall is in favor as long as 1.2839 resistance holds. Below 1.2664 will target 1.2612 support. Decisive break there should confirm that rise from […]