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Daily Pivots: (S1) 1.2923; (P) 1.2949; (R1) 1.2978; More… With 1.2860 minor support intact, further rally remains in favor in GBP/USD. Sustained trading above 61.8% retracement of 1.3433 to 1.2099 at 1.2923 will resume the rise from 1.2099, and pave the way back to 1.3433 high. Nevertheless, break of 1.2860 support should indicate short term […]

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USD/JPY Mid-Day Outlook

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EUR/GBP Weekly Outlook

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06/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.70; (P) 159.24; (R1) 159.93; More…. EUR/JPY’s fall from 163.86 continues today and intraday bias stays on the downside. Deeper fall would be seen to retest 154.40 low first. Firm break there will resume whole fall from 175.41. On the upside, above 160.01 support turned resistance will turn intraday bias neutral first. […]
13/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 144.74; (P) 145.47; (R1) 146.19; More… Intraday bias in USD/JPY remains neutral, and outlook stays bearish with 147.14 support turned resistance intact. On the downside, break of 144.72 minor support will suggest that rebound from 141.59 has completed at 146.58. Intraday bias will then be back on the downside for retesting 141.59 […]
31/03/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0782; (P) 1.0813; (R1) 1.0862; More… Intraday bias in EUR/USD stays neutral for the moment. On the upside, break of 1.0857 resistance will indicate that correction from 1.0963 has completed already. Retest of 1.0953 should be seen first. Firm break there will resume the rally from 1.0176 towards 1.1274 key resistance. In […]