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Daily Pivots: (S1) 144.19; (P) 145.55; (R1) 146.63; More… Outlook in USD/JPY is unchanged and intraday bias remains neutral. On the downside, break of 144.44 temporary low will reaffirm the case that rebound form 141.67 has completed, and bring retest of this low. On the upside, break of 149.35 will resume the rebound to 61.8% […]

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02/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6479; (P) 0.6509; (R1) 0.6554; More… Intraday bias in AUD/USD is turned neutral again with current recovery. On the upside, break of 0.6585 resistance will resume the rebound from 0.6361. That would also affirm the case that fall from 0.6870 has completed. Further rally would be seen to 0.6643 resistance next. Nevertheless, […]
22/02/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.96; (P) 150.18; (R1) 150.50; More… Intraday bias in USD/JPY remains neutral as consolidation from 150.87 is extending. In case of another retreat, downside should be contained by 148.79 resistance turned support to bring another rally. Above 150.87 will resume the rise from 140.25 to 151.89/93 key resistance zone. Decisive break there […]
17/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 198.57; (P) 200.09; (R1) 201.27; More… Intraday bias in GBP/JPY remains neutral for the moment, and some consolidations could be seen below 201.59. Further rally is expected as long as 197.18 support holds. However, considering bearish divergence condition in 4H MACD, firm break of 197.18 will confirm short term topping, and turn […]