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Daily Pivots: (S1) 1.7870; (P) 1.7943; (R1) 1.8017; More… Intraday bias in EUR/AUD remains neutral as consolidations continue below 1.8554 short term top. Downside of the pull back should be contained by 38.2% retracement of 1.5963 to 1.8854 at 1.7750. On the upside, firm break of 1.8554 will resume larger up trend. In the bigger […]

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USD/JPY Mid-Day Outlook

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28/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.12; (P) 191.02; (R1) 191.79; More… Intraday bias in GBP/JPY remains neutral as consolidation from 191.99 is still extending. On the upside, above 191.99 will target 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, however, firm break of 187.84 […]
07/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.76; (P) 159.32; (R1) 159.66; More… No change in EUR/JPY’s outlook and intraday bias remains neutral. On the upside, decisive break of 160.25 resistance will indicate that rise from 153.15 is ready to resume, and turn bias back to the upside for 161.84 first. Nevertheless, break of 158.06 will now suggest that […]
26/08/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 143.37; (P) 144.93; (R1) 145.81; More… Intraday bias in USD/JPY remains mildly on the downside as fall from 149.35 is in progress for retesting 141.67 low. Firm break there will resume the whole fall from 161.94 to 140.25 support next. On the upside, above 146.47 minor resistance will turn intraday bias neutral […]