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Daily Pivots: (S1) 198.79; (P) 199.40; (R1) 200.00; More… Range trading continues in GBP/JPY and intraday bias stays neutral. Further rise is expected as long as 197.93 support holds. Firm break of 200.26 resistance will resume the rally from 184.35 to 100% projection of 180.00 to 199.79 from 184.35 at 204.14. On the downside, however, […]

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EUR/JPY Daily Outlook

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30/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6271; (P) 1.6346; (R1) 1.6402; More… Intraday bias in EUR/AUD is turned neutral with current recovery. Further decline is expected as long as 1.6484 resistance holds. Below 1.6288 will resume the fall from 1.6742 to 1.6127 support, or further to 100% projection of 1.7062 to 1.6127 from 1.6742 at 1.5807 However, break […]
22/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0840; (P) 1.0857; (R1) 1.0872; More… Intraday bias in EUR/USD stays neutral and consolidations continue below 1.0894. Further rally is expected as long as 1.0810 resistance turned support holds. Break of 1.0894 will resume the rise to 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed at […]
15/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3694; (P) 1.3709; (R1) 1.3730; More… Intraday bias in USD/CAD stays on the downside at this point despite weak downside momentum. Fall from 1.3946 would extend towards 1.3588 key support. On the upside, above 1.3674 minor resistance will turn bias back to the upside for stronger recovery. In the bigger picture, price […]