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USD/JPY’s rise from 139.57 extended to 149.58 last week but turned sideway. Initial bias remains neutral this week first, and some more consolidations could be seen. But further rally is expected as long as 145.91 support holds. Above 149.58 will resume the rise to 61.8% retracement of 161.94 to 139.57 at 153.39. In the bigger […]

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EUR/JPY Weekly Outlook

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29/04/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9762; (P) 0.9780; (R1) 0.9797; More… Intraday bias in EUR/CHF remains neutral at this point. Further rally is expected with 0.9708 minor support intact. Above 0.9800 will resume the rebound from 0.9563 to retest 0.9847 high. However, break of 0.9708 will turn bias to the downside, to extend the corrective pattern form […]
28/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0813; (P) 1.0826; (R1) 1.0841; More… EUR/USD’s fall from 1.0980 resumed by breaking through temporary low. Intraday bias is back on the downside for 1.0694 support first. Break there will resume the whole decline from 1.1138 and target 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536. Nevertheless, break of 1.0863 […]
16/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.59; (P) 195.17; (R1) 195.70; More… Intraday bias in GBP/JPY stays neutral at this point. On the upside break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. Sustained break there will target 208.09 high. On the downside, break of 189.54 will turn […]