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Daily Pivots: (S1) 1.3396; (P) 1.3454; (R1) 1.3484; More… Intraday bias in GBP/USD stays neutral and outlook is unchanged. Pullback from 1.3787 could extend lower but downside is expected to be contained by 1.3369 support to bring rebound. On the upside, above 1.3680 minor resistance will bring retest of 1.3787. Firm break of 1.3787 will […]

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GBP/JPY Daily Outlook

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USD/JPY Mid-Day Outlook

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06/05/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 151.95; (P) 152.90; (R1) 153.92; More… Intraday bias in USD/JPY is turned neutral first with current recovery. On the upside, firm break of 55 4H EMA (now at 155.00) will bring stronger rebound towards 157.98 resistance. On the downside, below 151.86 will resume the fall from 160.20. But strong support should be […]
19/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.00; (P) 148.20; (R1) 148.83; More… USD/JPY’s break of 146.06 support argues that rebound from 141.67 has completed at 149.35 already, after rejection by 38.2% retracement of 161.94 to 141.67 at 149.41. Intraday bias is back on the downside for retesting 141.67. Firm break there will resume the whole fall from 161.94 […]
20/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6072; (P) 1.6109; (R1) 1.6137; More… Intraday bias in EUR/AUD stays on the downside for the moment. Current down trend should target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. On the upside, above 1.6148 minor resistance will turn intraday bias neutral and bring consolidations again, before staging another decline. […]