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Daily Pivots: (S1) 153.72; (P) 154.32; (R1) 155.23; More… Intraday bias in USD/JPY remains on the upside at this point. Current rise from 139.57 will target 61.8% projection of 141.63 to 153.87 from 151.27 at 158.8. On the downside, below 153.40 minor support will turn intraday bias neutral again first. But further rally is expected […]

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24/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9128; (P) 0.9143; (R1) 0.9160; More…. Intraday bias in USD/CHF remains neutral first and further rise is in favor with 0.9077 minor support intact. On the upside, above 0.9157 will resume the rebound from 0.8987 to retest 0.9223 high. On the downside, break of 0.9077 support will bring retest of 0.8987. Break […]
22/06/2024

USD/JPY Weekly Outlook

USD/JPY’s rise from 151.68 accelerated to as high as 159.81 last week and there is no clear sign of topping yet. Initial bias remains on the upside this week for 160.20 high, or possibly to 100% projection of 151.86 to 157.70 from 154.53 at 160.37. But upside should be limited there, at least on first […]
15/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 184.33; (P) 184.99; (R1) 185.51; More… Intraday bias in GBP/JPY stays neutral and further rally is in favor as long as 182.73 minor support holds. Corrective pull back from 188.63 should have completed. Above 186.14 will resume the rebound from 178.32 to retest 188.63. In the bigger picture, price actions from 188.63 […]