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Daily Pivots: (S1) 151.37; (P) 152.11; (R1) 153.20; More… No change in USD/JPY’s outlook and intraday bias stays on the upside. Further rally should be seen to retest 156.74 high. Current development suggests that rise from 139.57 might still be in progress and break of 156.74 will confirm resumption. For now, this will be the […]

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GBP/USD Daily Outlook

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15/02/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.70; (P) 189.31; (R1) 189.87; More… Intraday bias in GBP/JPY remains neutral at this point, for consolidations below 190.05. Break 190.05 will resume larger up trend. However, break of 187.83 will turn bias to the downside for deeper correction back to 185.21 support instead. In the bigger picture, up trend from 123.94 […]
03/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9121; (P) 0.9455; (R1) 0.9639; More… Intraday bias in EUR/CHF stays neutral for consolidation above 0.9252. While stronger recovery might be seen, further decline is expected as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend. Next target is 100% projection of 0.9995 […]
29/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8496; (P) 0.8507; (R1) 0.8518; More… Intraday bias in EUR/GBP stays neutral at this point. Further decline is expected as long as 55 D EMA (now at 0.8556) holds. Decisive break of 0.8491/7 will resume larger down trend to 0.8376 projection level next. In the bigger picture, outlook remains bearish as EUR/GBP […]