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Daily Pivots: (S1) 0.9350; (P) 0.9377; (R1) 0.9392; More…. Intraday bias in EUR/CHF is mildly on the downside with breach of 0.9359 temporary low. Sustained trading below 55 D EMA (now at 0.9366) will argue that the rebound from 0.9128 has completed as a corrective move. Deeper fall would then be seen to 0.9265 support […]

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GBP/JPY Daily Outlook

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06/06/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.25; (P) 163.96; (R1) 165.04; More… Intraday bias in EUR/JPY is back on the upside with break of 164.24. Firm break of 165.19 will resume whole rally from 154.77 and target 166.67 resistance next. For now further rise is expected as long as 162.87 support holds, in case of retreat. In the […]
22/03/2025

GBP/JPY Weekly Outlook

GBP/JPY edged higher to 194.89 last week but quickly retreated again. Initial bias stays neutral this week first. On the upside, above 194.89 will resume the rebound from 187.04 towards 198.94 resistance. On the downside, break of 190.71 will bring deeper fall back to 187.04 support. Overall, corrective pattern from 180.00 is still be extending. […]
27/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 193.07; (P) 193.72; (R1) 194.92; More… Intraday bias in GBP/JPY is turned neutral first with current sharp retreat. ON the upside, above 195.95 temporary top will extend the corrective rebound from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. However, firm break of 190.11 will argue that this correction […]