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Daily Pivots: (S1) 162.72; (P) 163.45; (R1) 164.14; More… Intraday bias in EUR/JPY stays on the upside for the moment. Rise from 154.77, as another rising leg in the consolidation from 154.40, should target 164.89 resistance. On the downside, below 162.34 will turn intraday bias neutral again and bring consolidations first. In the bigger picture, […]

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EUR/USD Daily Outlook

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GBP/JPY Daily Outlook

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29/04/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2448; (P) 1.2495; (R1) 1.2540; More… Intraday bias in GBP/USD remains on the upside at this point. Rebound from 1.2298 short term bottom would target 55 D EMA (now at 1.2582). Sustained break there will argue that fall from 1.2892 has completed already, and bring further rise to this resistance. Nevertheless, on […]
30/01/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.23; (P) 161.86; (R1) 162.41; More… Intraday bias in EUR/JPY is back on the downside with break of 160.94 minor support. Deeper decline would be seen to 159.74 support and below. But overall, price actions from 154.40 are seen as a corrective pattern, which might still extend further. In the bigger picture, […]
14/09/2024

USD/JPY Weekly Outlook

USD/JPY’s fall from 161.94 resumed by breaking through 141.67 support last week. Initial bias stays on the downside this week for 139.26 fibonacci level. Decisive break there would carry larger bearish implications. On the upside, above 143.03 resistance will turn intraday bias neutral first. But outlook will remain bearish as long as 147.20 resistance holds, […]