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Daily Pivots: (S1) 149.79; (P) 150.22; (R1) 151.05; More… Intraday bias in USD/JPY is turned neutral with current recovery. On the downside, below 149.37 will target 55 D EMA (now at 148.78). Sustained break there will target 145.47 support next. Nevertheless, firm break of 151.38 minor resistance will argue that pullback from 153.26 short term […]

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11/11/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 196.32; (P) 197.62; (R1) 198.50; More… Intraday bias in GBP/JPY remains neutral and more consolidations could be seen below 199.79. Further rally is expected as long as 55 D EMA (now at 194.99) holds. Above 199.79 will resume the rebound from 180.00 to retest 208.09 high. However, sustained break of 55 D […]
14/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9447; (P) 0.9469; (R1) 0.9503; More… Intraday bias in EUR/CHF remains neutral as consolidation from 0.9402 is extending. Overall outlook stays bearish as long as 0.9543 resistance holds. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 […]
03/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0901; (P) 1.0978; (R1) 1.1019; More… Intraday bias in EUR/USD remains neutral as 1.0929 support stays intact. On the upside, break of 1.1138 will resume the rise from 1.0447 to retest 1.1274 high. Meanwhile, break of 1.0929 will indicate short term topping and turn bias back to the downside for 1.0772 support. […]