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Daily Pivots: (S1) 1.2883; (P) 1.2937; (R1) 1.3004; More… Intraday bias in GBP/USD remains neutral for the moment. Consolidation from 1.3013 could still extend. In case of another fall, downside should be contained by 38.2% retracement of 1.2248 to 1.3013 at 1.2721 to bring rebound. On the upside, break of 1.3013 will resume the rally […]

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GBP/USD Mid-Day Outlook

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USD/JPY Daily Outlook

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03/10/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 144.41; (P) 145.47; (R1) 147.51; More… Intraday bias in USD/JPY remains on the upside for the moment. Rebound from 139.57 short term bottom is in progress for 38.2% retracement of 161.94 to 139.57 at 148.11. Decisive break there will argue that whole fall from 161.95 has completed ahead of 139.26 fibonacci level […]
27/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 199.24; (P) 199.66; (R1) 200.37; More… Intraday bias in GBP/JPY remains on the upside for 100% projection of 191.34 to 180.07 from 195.02 at 200.75. But upside should be limited there. On the downside, below 198.25 minor support will turn intraday bias neutral first. Further break of 197.07 will argue that the […]
19/08/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 147.00; (P) 148.20; (R1) 148.83; More… USD/JPY’s rebound from 141.67 could have completed after rejection by 38.2% retracement of 161.94 to 141.67 at 149.41. Intraday bias remains on the downside for retesting 141.67 low. Firm break there will resume the whole fall from 161.94 to 139.26 fibonacci level next. For now, risk […]