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Daily Pivots: (S1) 148.35; (P) 148.91; (R1) 149.89; More… USD/JPY’s rally from 140.25 is still in progress and intraday bias stays on the upside. Further rally would be seen to retest 151.89/93 key resistance zone. Decisive break there will confirm resumption of larger up trend. On the downside, below 147.62 minor support will turn intraday […]

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EUR/AUD Weekly Outlook

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19/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2678; (P) 1.2700; (R1) 1.2730; More… GBP/USD is staying in consolidations in tight range and intraday bias remains neutral. Risk will stay on the downside as long as 1.2859 resistance holds. Firm break of 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. […]
04/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 173.66; (P) 174.09; (R1) 174.87; More… Intraday bias in EUR/JPY stays on the upside for the moment. Decisive break of 100% projection of 164.01 to 170.87 from 167.52 at 174.38 will target 138.2% projection at 177.00. On the downside, below 173.07 minor support will turn intraday bias neutral and bring consolidations first. […]
29/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9091; (P) 0.9120; (R1) 0.9153; More…. Intraday bias in USD/CHF remains neutral for the moment. Further rally is in favor with 0.9077 minor support intact. On the upside, above 0.9157 will bring retest of 0.9223. However, on the downside, break of 0.9077 will suggest that rebound from 0.8987 has completed. Intraday bias […]