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Daily Pivots: (S1) 0.6283; (P) 0.6301; (R1) 0.6322; More… Intraday bias in AUD/USD remains neutral as consolidation from 0.6087 is still extending. On the downside, firm break of near term trend line support (now at 0.6270) will argue that the pattern has already completed. Intraday bias will be back on the downside for 0.6186 support. […]

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GBP/JPY Daily Outlook

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17/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 157.93; (P) 158.39; (R1) 158.88; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, break of 157.16 and sustained trading below 55 D EMA (now at 157.72) will bring deeper correction to 38.2% retracement of 140.25 to 161.94 at 163.65. But strong support should be seen there to […]
25/11/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 192.90; (P) 193.85; (R1) 194.86; More… Intraday bias in GBP/JPY remains on the downside for the moment. Current development suggests that corrective rise from 180.00 has completed with three waves up to 199.79. Deeper fall would be seen to 183.70 support. For now, risk will stay on the downside as long as […]
25/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.07; (P) 191.15; (R1) 191.92; More….. Intraday bias in GBP/JPY stays neutral at this point and some more consolidations would be seen. Nevertheless, outlook will stay bullish as long as 187.94 support holds. On the upside, break of 193.51 will resume larger up trend to 61.8% projection of 178.32 to 191.29 from […]