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Daily Pivots: (S1) 0.6505; (P) 0.6543; (R1) 0.6573; More… Intraday bias in AUD/USD remains neutral for the moment. On the upside, above 0.6597 minor resistance will turn bias back to the upside for 0.6687 first. Firm break there will target 61.8% retracement of 0.6941 to 0.6511 at 0.6777. On the downside, break of 0.6511 will […]

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GBP/JPY Daily Outlook

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13/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 146.43; (P) 147.32; (R1) 148.11; More… Outlook in USD/JPY remains bearish with 38.2% retracement of 161.94 to 141.67 at 149.41 intact and intraday bias stays neutral. Below 145.42 minor support will turn bias to the downside for 141.67. Break there will resume the fall from 161.94 to 140.25 support next. Nevertheless, decisive […]
20/03/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.58; (P) 150.27; (R1) 151.55; More… Intraday bias in USD/JPY remains on the upside at for 151.93 key resistance. Decisive break there will confirm long term up trend resumption. Next near term target will be 61.8% projection of 140.25 to 150.87 from 146.47 at 153.03. On the downside, below 150.76 minor support […]
13/02/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2604; (P) 1.2630; (R1) 1.2653; More… Despite spiking higher to 1.2691, GBP/USD quickly retreated. Intraday bias stays neutral for the moment. On the upside, firm break of 1.2691 resistance will affirm the case that correction from 1.2826 has completed at 1.2517, after drawing support from 1.2499. Intraday bias will be back on […]