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Daily Pivots: (S1) 145.98; (P) 146.76; (R1) 147.24; More… Intraday bias in USD/JPY remains on the downside for the moment. Sustained trading below 146.29 will solidify the case that whole rebound from 139.87 has completed with three waves up to 150.90. Deeper decline should then be seen to 100% projection of 150.90 to 146.20 from […]

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EUR/GBP Daily Outlook

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02/12/2023

EUR/GBP Weekly Outlook

EUR/GBP’s fall from 0.8764 accelerated to as low as 0.8557 last week. The development suggests that rebound from 0.8491 has completed as a corrective move at 0.8764. Initial bias stays on the downside this week for retesting 0.8491 low first. Firm break there will resume larger down trend. On the upside, touching 0.8634 minor resistance […]
27/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0811; (P) 1.0857; (R1) 1.0891; More… EUR/USD recovered quickly after dipping to 1.0812. Intraday bias remains neutral at this point. On the downside, break of 1.0812 will resume the fall from 1.1138 to 1.0722 support. On the upside, above 1.0931 will turn bias to the upside for stronger rebound towards 1.1138 resistance. […]
28/01/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6621; (P) 1.6674; (R1) 1.6728; More… EUR/AUD is still bounded in range below 1.6800 and intraday bias remains neutral. In case of another dip, 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 […]