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Daily Pivots: (S1) 151.13; (P) 151.35; (R1) 151.64; More… Intraday bias in USD/JPY is back on the upside with breach of 151.85 temporary top. Decisive break of 151.93 key resistance will confirm long term up trend resumption. Next near term target will be 61.8% projection of 140.25 to 150.87 from 146.47 at 153.03. However, firm […]

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GBP/JPY Daily Outlook

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08/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8939; (P) 0.8973; (R1) 0.8992; More… USD/CHF’s break of 0.8956 minor support suggests that rebound from 0.8825 has completed at 0.9049, after rejection by falling channel resistance. Also, fall from 0.9223 is not completed yet. Intraday bias is back on the downside for retesting 0.8825 low next. For now, risk will stay […]
02/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6482; (P) 1.6592; (R1) 1.6659; More… Intraday bias in EUR/AUD is turned neutral first with current retreat. Some more consolidations would be seen below 1.6698 first. But another rise would remain in favor. On the upside, firm break of 1.6742 resistance will argue that larger up trend is going to resume through […]
05/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0917; (P) 1.0944; (R1) 1.0974; More… EUR/USD’s fall from 1.1138 short term top is trying to resume by breaking 1.0892 temporary low. Intraday bias is back on the downside for 1.0722 support first. Sustained break there will argue that whole rise from 1.0447 has completed, and break deeper fall back to this […]