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Daily Pivots: (S1) 151.06; (P) 151.41; (R1) 151.71; More… Intraday bias in USD/JPY is turned neutral as it recovered after dipping to 150.80. On the downside, break of 150.80 will resume the fall to 55 D EMA (now at 149.56). On the upside, however, sustained break of 151.93 key resistance will confirm long term up […]

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EUR/USD Mid-Day Outlook

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GBP/JPY Weekly Outlook

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24/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0872; (P) 1.0891; (R1) 1.0902; More… EUR/USD dips notably today but stays above 1.0843 support. Intraday bias remains neutral and more consolidations could be seen. Further decline is expected as long as 1.0995 resistance holds. Below 1.0843 will target 1.0722 support next. Decisive break there will argue that whole rise from 1.0447 […]
26/07/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2822; (P) 1.2876; (R1) 1.2903; More… No change in GBP/USD’s outlook and intraday bias stays neutral. Further rally is expected with 1.2859 resistance turned support intact. Break of 1.3043 will resume the rise from 1.2298. However, firm break of 1.2859 will turn bias to the downside for deeper decline to 55 D […]
15/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8795; (P) 0.8819; (R1) 0.8862; More…. Current strong rebound in USD/CHF argues that consolidation pattern from 0.8884 has completed with three waves to 0.8728. Intraday bias is mildly on the upside for 0.8891 resistance first. Firm break there will resume whole rise from 0.8332. Next target is 61.8% projection of 0.8550 to […]