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Daily Pivots: (S1) 140.58; (P) 141.25; (R1) 141.69; More… Intraday bias in USD/JPY is turned neutral as recovery from 140.25 extends. Further decline will remain in favor as long as 142.84 minor resistance holds. Break of 140.25 will resume fall from 151.89 and target 136.63 fibonacci level. Nevertheless, break of 142.84 will turn bias back […]

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GBP/USD Daily Outlook

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29/06/2024

EUR/GBP Weekly Outlook

EUR/GBP’s recovery from 0.8396 continued last week but upside remains capped below by 0.8482 support turned resistance. Initial bias stays neutral this week and outlook remains bearish bearish. On the downside, below 0.8430 support will turn bias back to the downside for 0.8396 support first. Firm break there will resume larger down trend to 0.8376 […]
22/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6551; (P) 1.6616; (R1) 1.6672; More… Intraday bias in EUR/AUD is turned neutral again with current retreat. But further rally will remain mildly in favor as long as 1.6368 support holds. Corrective fall from 1.6742 could have completed with three waves down to 1.6368. Above 1.6678 will target a retest on 1.6742 […]
07/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 143.21; (P) 144.79; (R1) 145.95; More… While USD/JPY’s recovery extends higher today, upside is still limited below 150.88 resistance. Intraday bias remains neutral and further decline remains in favor. On the downside, below 144.04 minor support will bring retest of 141.67 first. Break there will resume the fall from 161.94 to 140.25 […]