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Daily Pivots: (S1) 1.3396; (P) 1.3436; (R1) 1.3473; More… GBP/USD’s rise from 1.3140 resumed after brief retreat and intraday bias is back on the upside for 1.3587 resistance. Correction from 1.3787 should have completed with three waves down to 1.3140. Firm break of 1.3587 will bring retest of 1.3787 high. On the downside, below 1.3398 […]

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GBP/JPY Daily Outlook

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07/04/2025

GBP/JPY Daily Outlook

Daily Pivots: (S1) 187.60; (P) 189.68; (R1) 191.82; More… Intraday bias in GBP/JPY remains on the downside for the moment. Break of 187.04 support indicates decline from 199.79 is resuming. Next target is 100% projection of 198.94 to 187.04 from 195.95 at 184.05. On the upside, above 190.27 minor resistance will turn intraday bias neutral […]
23/06/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1492; (P) 1.1518; (R1) 1.1548; More… EUR/USD is staying in consolidations below 1.1630 and intraday bias remains neutral. With 1.1372 support intact, further rally is expected. Break of 1.1572 will extend the rise from 1.0176. Next target is 61.8% projection of 1.0176 to 1.1572 from 1.1064 at 1.1927. However, break of 1.1372 […]
31/05/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 156.23; (P) 156.96; (R1) 157.54; More… Focus stays on 156.57 minor support in USD/JPY. Decisive break there will confirm short term topping at 157.70, on bearish divergence condition in 4 H MACD. Intraday bias will be back on the downside for 153.59 support. Firm break there will target 151.86 and below as […]