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Daily Pivots: (S1) 157.32; (P) 157.70; (R1) 158.42; More… USD/JPY’s rally is trying to resume by breaching 157.91 temporary top and intraday bias is back on the upside. Rise from 139.57 is extending to 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 next. Firm break there will pave the way back to 161.94 […]

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USD/JPY Mid-Day Outlook

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GBP/JPY Daily Outlook

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19/02/2024

GBP/USD Weekly Outlook

GBP/USD was bounded in range below 1.2826 last week despite some volatility. Initial bias remains neutral this week first. On the upside, break of 1.2691 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will argue that whole rise […]
08/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0894; (P) 1.0922; (R1) 1.0975; More… EUR/USD’s rally continues in early US session and intraday bias stays on the upside. Current rise from 1.0694 should target a retest on 1.1138 resistance next. On the downside, below 1.0867 minor support will turn intraday bias neutral and bring consolidations first. In the bigger picture, […]
14/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8679; (P) 0.8729; (R1) 0.8768; More…. USD/CHF recovered ahead of 0.8665 support and intraday bias is turned neutral first. Risk will stay on the downside as long as 0.8819 resistance holds. On the downside, firm break of 0.8665 will resume the whole fall from 0.9243 to 0.8551 key support level. In the […]