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Daily Pivots: (S1) 197.94; (P) 199.10; (R1) 199.89; More… GBP/JPY failed to break through 200.26 resistance and retreated sharply. But downside is contained above 197.93 support. Intraday bias remains neutral and further rise is still in favor. Firm break of 200.26 will confirm resumption of whole rise from 184.35, and that from 180.00. Further rally […]

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30/07/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.7974; (P) 0.8007; (R1) 0.8068; More…. Intraday bias in USD/CHF remains on the upside for the moment. Price actions from 0.7871 are still seen as a corrective pattern. Further rise would be seen to 55 D EMA (now at 0.8107), but upside should be limited there. On the downside, below 0.7910 support […]
18/04/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2421; (P) 1.2451; (R1) 1.2486; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.2404 is extending. Upside of recovery should be limited by 1.2538 support turned resistance to bring another fall. On the downside, firm break of 1.2404 will resume the decline from 1.2892 to 100% projection of 1.2892 to […]
11/06/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 144.44; (P) 144.86; (R1) 145.33; More… USD/JPY dips mildly today but stays in established range. Intraday bias stays neutral. On the upside, above 146.27 resistance will argue that price actions from 148.64 has completed as a corrective pattern. Intraday bias will be back on the upside for 148.64 resistance and above to […]