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Daily Pivots: (S1) 156.55; (P) 156.92; (R1) 157.30; More… No change in USD/JPY’s outlook and intraday bias remains mildly on the upside. Rise from 161.86, as the second leg of the corrective pattern from 160.20, should now target 100% projection of 151.86 to 156.78 from 153.59 at 158.51. On the downside, below 155.83 minor support […]

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19/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3745; (P) 1.3765; (R1) 1.3788; More… Intraday bias in USD/CAD is turned neutral with current recovery. Corrective pattern from 1.3845 could extend lower. But downside should be contained by 1.3660 support to bring another rally. Break of 1.3845 will resume the whole rally from 1.3716 to 1.3976 key resistance. In the bigger […]
10/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2688; (P) 1.2750; (R1) 1.2784; More… Intraday bias in GBP/USD remains neutral for the moment. Considering bearish divergence condition in 4H MACD, firm break of 1.2680 support will turn bias back to the downside for 55 D EMA (now at 1.2651) and possibly below. Nevertheless, break of 1.2816 will resume the rise […]
22/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8656; (P) 0.8671; (R1) 0.8692; More…. EUR/GBP’s rebound from 0.8548 is still in progress and intraday bias remains on the upside. Further rise should be seen to 0.8764 key resistance next. On the downside, however, break of 0.8633 support will turn bias back to the downside for 0.8548 support instead. In the […]