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Daily Pivots: (S1) 151.44; (P) 151.70; (R1) 151.96; More… Intraday bias in USD/JPY remains neutral for the moment as range trading continues. On the downside, break of 151.02 support should confirm short term topping, and turn bias back to the downside for 55 D EMA (now at 149.51). Nevertheless, sustained break of 151.93 key resistance […]

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USD/JPY Mid-Day Outlook

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GBP/JPY Daily Outlook

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06/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0893; (P) 1.0951; (R1) 1.1009; More….. Intraday bias in EUR/USD stays on the upside with 1.0932 minor support intact. Current rally is part of the whole rise from 1.0665 and should target 100% projection of 1.0665 to 1.0947 from 1.0776 at 1.1056 next. On the downside, below 1.0932 minor support will turn […]
17/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2642; (P) 1.2672; (R1) 1.2699; More… GBP/USD is staying in consolidation below 1.2669 and intraday bias remains neutral. Further rally is expected as long as 1.2445 support holds. Break of 1.2708 resistance will pave the way to 1.2892 resistance next. In the bigger picture, price actions from 1.3141 medium term top are […]
11/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 152.09; (P) 152.66; (R1) 153.73; More… Intraday bias in USD/JPY remains on the upside at this point. 61.8% projection of 140.25 to 150.87 from 146.47 at 153.03 is already met but there is not sign of topping yet. Sustained break there will target 155.20 projection level next. On the downside, below 151.95 […]