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Daily Pivots: (S1) 141.93; (P) 142.24; (R1) 142.47; More… USD/JPY’s decline continues today and intraday bias stays on the downside. Break of near term falling channel suggest downside acceleration. Current fall from 158.86 should extend to 139.57 support. On the upside, above 144.07 minor resistance will turn intraday bias neutral again. But overall outlook will […]

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GBP/JPY Daily Outlook

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21/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2596; (P) 1.2667; (R1) 1.2710; More… Intraday bias in GBP/USD remains neutral for the moment as consolidation from 1.2793 is extending. While sideway trading could extend, further rally is still expected as long as 1.2499 support holds. . On the upside, firm break of 1.2793 will resume the rally from 1.2036. Next […]
04/02/2025

AUD/USD Daily Report

Daily Pivots: (S1) 0.6130; (P) 0.6184; (R1) 0.6279; More… Intraday bias in AUD/USD is turned neutral as it recovered notably after dipping to 0.6087. Some consolidations would be seen first. But outlook will stay bearish as long as 0.6329 resistance holds. Break of 0.6087 will resume larger decline from 0.6941. Next target is 61.8% projection […]
06/12/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8758; (P) 0.8806; (R1) 0.8832; More… USD/CHF’s fall from 0.8956 short term top extends lower in early US session and touched 55 D EMA (now at 0.8737. Strong support could be seen from current level, and firm break of 0.8796 resistance will turn bias back to the upside for rebound. However, considering […]