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Daily Pivots: (S1) 149.73; (P) 150.31; (R1) 151.37; More… USD/JPY’s rally from 140.25 is still in progress and intraday bias stays on the upside for 151.89/93 key resistance zone. Decisive break there will confirm larger up trend resumption of 155.50 projection level next. On the downside, below 149.24 minor support will turn bias neutral and […]

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GBP/JPY Mid-Day Outlook

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EUR/GBP Daily Outlook

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27/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3172; (P) 1.3219; (R1) 1.3242; More… USD/CAD’s fall form 1.3897 continues today and intraday bias stays on the downside. Current decline should target 1.3091 support and possibly below. On the upside, above 1.3284 minor resistance will turn intraday bias neutral and bring consolidations. But another fall will remain in favor as long […]
27/04/2024

GBP/JPY Weekly Outlook

GBP/JPY’s up trend resumed last week and accelerated to as high as 197.90. Initial bias remains on the upside this week. Next target is 198.89 projection level. On the downside, below 195.85 minor support will turn intraday bias neutral and bring consolidations. But pullback should be contained well above 193.51 resistance turned support to bring […]
03/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0901; (P) 1.0978; (R1) 1.1019; More… Intraday bias in EUR/USD remains neutral as 1.0929 support stays intact. On the upside, break of 1.1138 will resume the rise from 1.0447 to retest 1.1274 high. Meanwhile, break of 1.0929 will indicate short term topping and turn bias back to the downside for 1.0772 support. […]