Daily Pivots: (S1) 154.59; (P) 155.63; (R1) 156.15; More… USD/JPY’s fall from 158.86 short term top is in progress and intraday bias stays on the downside for 55 D EMA (now at 154.51). Firm break there will target 38.2% retracement of 139.57 to 158.86 at 151.49 next. On the upside, above 156.34 minor resistance will […]
Daily Pivots: (S1) 0.8527; (P) 0.8541; (R1) 0.8553; More… Intraday bias in EUR/GBP is turned neutral with current recovery. Some consolidations would be seen above 0.8529 temporary low. But further decline is expected as long as 0.8582 resistance holds. Below 0.8529 will target 0.8491/7 support zone. In the bigger picture, outlook remains bearish as EUR/GBP […]
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