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Daily Pivots: (S1) 151.41; (P) 151.61; (R1) 151.75; More… Intraday bias in USD/JPY remains neutral as sideway trading continues below 151.96. On the downside, break of 150.25 support should confirm short term topping, and turn bias back to the downside for 55 D EMA (now at 149.43). Nevertheless, sustained break of 151.93 key resistance will […]

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04/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6346; (P) 1.6403; (R1) 1.6510; More… While EUR/AUD’s rebound from 1.6256 extended, upside is capped below 1.6580 resistance so far. Intraday bias remains neutral and fall from 1.7180 is still in favor to continue. On the downside, break of 1.6256 support will target 1.5996 key support level next. However, decisive break of […]
27/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 169.72; (P) 170.11; (R1) 170.64; More… Intraday bias in EUR/JPY remains on the upside for 61.8% projection of 164.01 to 169.38 from 167.31 at 170.62, and then 171.58 high. On the downside, break of 169.05 minor support will intraday bias neutral first. Further break of 167.31 should turn bias back to the […]
15/02/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.70; (P) 189.31; (R1) 189.87; More… Intraday bias in GBP/JPY remains neutral at this point, for consolidations below 190.05. Break 190.05 will resume larger up trend. However, break of 187.83 will turn bias to the downside for deeper correction back to 185.21 support instead. In the bigger picture, up trend from 123.94 […]