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Daily Pivots: (S1) 0.8857; (P) 0.8883; (R1) 0.8906; More… Intraday bias in USD/CHF remains neutral for consolidations below 0.8916. Outlook will stay bullish as long as 0.8773 resistance turned support holds. On the upside, break of 0.8916 and sustained trading above 61.8% retracement of 0.9223 to 0.8374 at 0.8899 will pave the way back to […]

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GBP/USD Daily Outlook

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EUR/USD Mid-Day Outlook

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19/02/2024

EUR/JPY Weekly Outlook

EUR/JPY’s rise from 153.15 resumed by breaking 161.84 resistance last week. Initial bias remains on the upside for retesting 164.29 high next. On the downside, however, below 160.90 minor support will turn intraday bias neutral first. In the bigger picture, price actions from 164.29 medium term top are seen as a correction to rise from […]
06/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.26; (P) 192.03; (R1) 192.72; More.. Intraday bias in GBP/JPY is turned neutral first with current recovery. On the upside, break of 55 4H EMA will bring stronger rebound back toward 197.40 resistance. On the downside, below 191.34 will resume the correction from 200.53. Sustained trading below 55 D EMA (now at […]
20/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.76; (P) 157.94; (R1) 158.27; More… Intraday bias in USD/JPY is back on the upside with break of 158.25 temporary top. Choppy rise from 151.86 has resumed and is now targeting a retest on 160.20 high. But upside should be limited there, at least on first attempt. On the downside, below 157.59 […]