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Daily Pivots: (S1) 1.3204; (P) 1.3280; (R1) 1.3324; More… Intraday bias in GBP/USD stays mildly on the downside at this point. Fall from 1.3442 is in progress to 55 D EMA (now at 1.3056). Firm break there will target 38.2% retracement of 1.2099 to 1.3442 at 1.2929. For now, risk will stay on the downside […]

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USD/JPY Mid-Day Outlook

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EUR/JPY Weekly Outlook

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03/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.77; (P) 163.06; (R1) 163.49; More… Intraday bias in EUR/JPY is turned neutral gain with current recovery. On the downside, below 162.59 will resume the fall from 165.33 to 160.20 structural support next. On the upside, however, break of 164.40 minor resistance will bring retest of 165.33 instead. In the bigger picture, […]
16/12/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.80; (P) 153.30; (R1) 154.14; More… Intraday bias in USD/JPY remains on the upside as rebound from 148.64 is in progress. Further rally should be seen to retest 156.74 first. Firm break there will resume whole rally from 139.57, and target 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 next. […]
18/06/2024

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9520; (P) 0.9544; (R1) 0.9572; More…. EUR/CHF’s fall from 0.9928 resumed after brief recovery and intraday bias is back on the downside. Sustained trading below below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 will raise the chance of long term down trend resumption, and target 0.9252 low next. On the upside, […]