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Daily Pivots: (S1) 143.09; (P) 144.35; (R1) 145.00; More… Intraday bias in USD/JPY remains on the downside as fall from 149.35 is in progress for retesting 141.67 low. Firm break there will resume whole decline from 161.95 high, for 140.25 support next. For now, risk will stay on the downside as long as 147.20 resistance […]

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GBP/JPY Daily Outlook

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01/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.78; (P) 191.02; (R1) 191.25; More….. GBP/JPY is gyrating in tight range around 55 4H EMA and intraday bias remains neutral. More consolidations could be seen. But outlook will stay bullish as long as 187.94 support holds. On the upside, break of 193.51 will resume larger up trend towards 195.86 long term […]
18/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 154.11; (P) 154.43; (R1) 154.71; More… Intraday bias in USD/JPY remains neutral for the moment. Considering bearish divergence condition in 4H MACD, in case of another rise, upside should be limited by 155.20 fibonacci projection level. On the downside, break of 153.89 minor support will turn bias back to the downside for […]
31/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 169.14; (P) 169.79; (R1) 170.52; More… Intraday bias in EUR/JPY remains on the downside at this point. Fall from 170.78 will target 167.31 support first. Firm break there will confirm that corrective pattern from 171.58 has started the third leg, and target 164.01 support next. For now, risk will stay on the […]