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Daily Pivots: (S1) 142.18; (P) 142.96; (R1) 144.07; More… USD/JPY’s rebound from 140.25 short term bottom accelerates higher today and met 38.2% retracement of 151.89 to 140.25 at 144.69 already. Intraday bias will stay on the upside as long as 142.84 minor support holds. Sustained break of 144.94 resistance will bring further rally to 61.8% […]

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GBP/JPY Daily Outlook

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02/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0715; (P) 1.0745; (R1) 1.0771; More…. Intraday bias in EUR/USD remains neutral for the moment. On the upside, firm break of 55 D EMA will argue that pull back from 1.0915 has completed. Further rise should be seen back to 1.0915 resistance. However, break of 1.0665 will resume larger down trend through […]
12/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8544; (P) 0.8562; (R1) 0.8573; More…. Intraday bias in EUR/GBP remains neutral for the moment. Some consolidations would be seen below 0.8624, with risk of deeper pullback. But downside should be contained by 38.2% retracement of 0.8382 to 0.8624 at 0.8532 to bring another rally. On the upside, firm break of 0.8624 […]
09/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 185.77; (P) 187.58; (R1) 188.65; More… Intraday bias in GBP/JPY remains on the downside for the moment. Fall from 193.45 is in progress for retest 180.00 low first. Break there will resume whole fall from 208.09. On the upside, above 189.76 minor resistance will turn intraday bias neutral. In the bigger picture, […]