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Daily Pivots: (S1) 159.33; (P) 159.55; (R1) 159.90; More… Intraday bias in USD/JPY is back on the upside as recent rally resumed through 159.92 temporary top after brief consolidations. Decisive break of 100% projection of 151.86 to 157.70 from 154.53 at 160.37 will confirm long term up trend resumption, and pave the way to 161.8% […]

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USD/JPY Daily Outlook

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EUR/USD Mid-Day Outlook

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29/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 156.06; (P) 157.26; (R1) 159.53; More… Yen’s steep retreat today suggests that a short term top is already in place 160.20, close to 160 psychological level. Intraday bias is turned neutral for consolidations first. Some support might come from 38.2% retracement of 146.47 to 160.20 at 154.95 to bring recovery. But break […]
23/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6784; (P) 0.6806; (R1) 0.6830; More… Intraday bias in AUD/USD remains on the upside for the moment. Current rally from 0.6348 is in progress for 61.8% projection of 0.6348 to 0.6823 from 0.6621 at 0.6915 next. On the downside, below 0.6736 minor support will turn intraday bias neutral first. But outlook will […]
17/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6456; (P) 1.6492; (R1) 1.6554; More… EUR/AUD’s rebound from 1.6127 is in progress and intraday bias stays on the upside. Correction from 1.7062 should have completed with three waves down to 1.6127. Further rise should be seen to 1.6844 resistance for confirmation. On the downside, below 1.6456 minor support will turn intraday […]