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Daily Pivots: (S1) 147.57; (P) 147.97; (R1) 148.61; More… Intraday bias in USD/JPY stays neutral for the moment. More consolidations could be seen below 149.11 temporary top. But further rise is expected as long as 141.63 support holds. Rise from 139.57 is seen as the second leg of the corrective pattern from 161.94. Break of […]

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22/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 157.02; (P) 157.38; (R1) 157.78; More… Intraday bias in USD/JPY stays neutral and further decline is expected with 158.85 resistance intact. Below 155.36 will target 38.2% retracement of 140.25 to 161.94 at 153.65. On the upside, above 158.85 resistance will turn bias back to the upside for stronger rebound instead. In the […]
02/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 151.33; (P) 151.55; (R1) 151.88; More… Range trading continues in USD/JPY and intraday bias remains neutral. On the downside, break of 150.25 support should confirm short term topping, and turn bias back to the downside for 55 D EMA (now at 149.35). Nevertheless, sustained break of 151.93 key resistance will confirm long […]
29/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6515; (P) 0.6535; (R1) 0.6554; More… Intraday bias in AUD/USD remains on the upside as rise from 0.6361 short term bottom is in progress. Fall from 0.6870 might have completed at 0.6361 already. Further rally would be seen to 0.6643 resistance next. On the downside, below 0.6516 minor support will turn intraday […]