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Daily Pivots: (S1) 1.2557; (P) 1.2609; (R1) 1.2641; More… GBP/USD’s accelerates lower today and intraday bias stays on the downside for 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456. Decisive break there will extend the fall from 1.3433 to 1.2298 cluster support zone. For now, risk will stay on the downside as long […]

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USD/JPY Mid-Day Outlook

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10/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 157.35; (P) 158.04; (R1) 158.66; More…. Intraday bias in EUR/JPY stays on the downside for the moment. Fall from 163.86 is in progress for retesting 154.40 low. Firm break there will resume whole decline from 175.41 to 153.15 support. On the upside, above 160.01 support turned resistance will turn intraday bias neutral […]
28/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 199.85; (P) 200.14; (R1) 200.67; 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. Strong resistance could be seen there to limit upside. But upside should be limited there. On the downside, below 198.25 minor support will turn intraday bias back […]
11/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8743; (P) 0.8764; (R1) 0.8797; More…. Range trading continues in USD/CHF and intraday bias stays neutral at this point. On the downside, sustained break of 0.8741 will argue that the whole rebound from 0.8332 might have completed, and bring deeper fall to 0.8550 support. Nevertheless, strong bounce from current level will retain […]