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Daily Pivots: (S1) 0.8409; (P) 0.8429; (R1) 0.8453; More… Intraday in EUR/GBP remains on the upside as rise from 0.8239 is still in progress for 0.8472 resistance. Firm break there will remain whole rebound from 0.8221 to medium term falling channel resistance. On the downside, below 0.8376 will turn bias neutral and bring consolidations again. […]

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08/02/2025

GBP/JPY Weekly Outlook

GBP/JPY’s fall accelerated lower last week and there is no sign of bottoming yet. Initial bias stays on the downside this week for 100% projection of 198.94 to 189.31 from 194.73 at 185.10. Decisive break there will target 138.2% projection at 181.42. On the upside, above 189.57 minor resistance will turn intraday bias neutral first. […]
12/11/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.33; (P) 163.99; (R1) 164.50; More…. Intraday bias in EUR/JPY remains on the downside. Sustained trading below 55 D EMA (now at 163.34) will argue that whole corrective rise from 154.40 has completed with three waves up to 166.67. Deeper decline should then be seen back to 154.40/155.14 support zone. On the […]
07/02/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6487; (P) 1.6542; (R1) 1.6578; More… Intraday bias in EUR/AUD stays neutral for the moment, as consolidation from 1.6800 is still extending. Strong support is expected from 38.2% retracement of 1.5963 to 1.6800 at 1.6480 to contain downside. On the upside, firm break of 1.6800 will resume the rally from 1.5963. However, […]