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Daily Pivots: (S1) 1.7628; (P) 1.7721; (R1) 1.7789; More… Intraday bias in EUR/AUD remains neutral first. On the upside, break of 1.7795 resistance will suggest that pullback from 1.7929 has completed. Bias will be back on the upside for this resistance first. On the downside, however, sustained break of 61.8% retracement of 1.7245 to 1.8155 […]

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11/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 161.38; (P) 161.59; (R1) 161.93; More… USD/JPY declines sharply in early US session and breaks 160.25 support decisively. Considering bearish divergence condition in D MACD, fall from 161.49 might already be correcting the whole five-wave rally from 140.25. Intraday bias is back on the downside. Sustained break of 55 D EMA (now […]
25/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.15; (P) 163.98; (R1) 164.48; More… Intraday bias in EUR/JPY remains neutral for the moment. Downside of current retreat should be contained by 55 4H EMA (now at 163.27) to bring rebound. On the upside, break of 165.33 will resume larger up trend to 61.8% projection of 153.15 to 163.70 from 160.20 […]
10/01/2025

GBP/JPY Daily Outlook

Daily Pivots: (S1) 193.47; (P) 194.64; (R1) 195.81; More… Intraday bias in GBP/JPY stays mildly on the downside for the moment. Rise from 188.07 might have completed at 198.84 already. Deeper fall would be seen to 188.07 support. Firm break there will argue that corrective pattern from 180.00 has already completed. Nevertheless, above 198.94 will […]