Daily Pivots: (S1) 151.06; (P) 151.68; (R1) 152.12; More… USD/JPY’s fall from 158.86 resumed by breaking through 150.92 support and intraday bias is back on the downside. The strong break of 38.2% retracement of 139.57 to 158.86 at 151.4 also argues that whole rise from 139.57 has completed at 158.86, on bearish divergence condition in […]
Jan 08, 2025
EUR/GBP Daily Outlook
Daily Pivots: (S1) 0.8280; (P) 0.8293; (R1) 0.8300; More… EUR/GBP’s break of 0.8326 resistance confirms short term bottoming at 0.8221, just ahead of 0.8201 key support. Intraday bias is back on the upside for 0.8446 key resistance. Strong resistance might be seen there to limit upside, at least on first attempt. But for now, further […]
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