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Daily Pivots: (S1) 0.7942; (P) 0.7957; (R1) 0.7970; More… USD/CHF dips mildly today but stays in established range. Intraday bias stays neutral and deeper decline is still in favor with 0.7984 resistance intact. On the downside, below 0.7913 will turn bias to the downside for 0.7872 support, and then 0.7828 low. However, firm break of […]

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EUR/GBP Mid-Day Outlook

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11/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 143.18; (P) 144.20; (R1) 145.89; More… While USD/JPY’s rebound from 141.59 is strong, outlook is unchanged for the moment. Upside should be limited be 147.14 support turned resistance. On the downside, below 144.80 minor support will turn bias to the downside for retesting 141.59. Break of 141.59 and sustained trading below 142.45 […]
10/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.12; (P) 155.54; (R1) 155.91; More… No change in USD/JPY’s outlook and intraday bias stays mildly on the upside. Rebound from 151.86 is seen as the second leg of the corrective pattern from 160.20 high. Further rise would be seen to 157.98 resistance. On the downside, below 154.23 minor support will turn […]
02/06/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.83; (P) 163.45; (R1) 164.09; More… Intraday bias in EUR/JPY stays neutral. On the upside, above 164.24 will bring retest of 165.19 resistance first. Firm break there will resume while rise from 154.77 to 166.67 resistance. On the downside, however, break of 161.06 will resume the decline from 165.19 instead. In the […]