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Daily Pivots: (S1) 146.85; (P) 147.12; (R1) 147.44; More… USD/JPY’s break of 148.76 resistance suggests that pullback from 150.90 has already completed after drawing support from 55 D EMA (now at 147.06). Intraday bias is back on the upside for 150.90, and then 151.22 fibonacci level. Firm break there will carry larger bullish implication. On […]

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USD/JPY Daily Outlook

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11/06/2025

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.75; (P) 195.60; (R1) 196.43; More… Intraday bias in GBP/JPY remains neutral first, and more consolidations could be seen. But further rise is in favor as long as 191.86 support holds. Firm break of 196.38 will resume whole rally from 184.35 to 199.79 resistance, and possibly further to 100% projection of 180.00 […]
26/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2464; (P) 1.2495; (R1) 1.2543; More… Intraday bias in GBP/USD remains neutral for the moment. Near term outlook stays bearish as long as 1.2538 support turned resistance holds. Break of 1.2421 minor support will argue that rebound from 1.2298 has completed and bring retest of this low. However, decisive break of 1.2538 […]
08/01/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0309; (P) 1.0371; (R1) 1.0403; More… EUR/USD is staying in consolidation above 1.0223 and intraday bias stays neutral. Further decline remains in favor as long as 1.0457 resistance holds. Firm break of 1.0223 will resume the fall from 1.1213. However, sustained break of 1.0457 will confirm short term bottoming, and turn bias […]