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Daily Pivots: (S1) 144.18; (P) 145.18; (R1) 146.91; More… Intraday bias in USD/JPY is back on the upside with breach of 145.90 resistance. Rise from 139.87 is resuming for 38.2% retracement of 158.86 to 139.87 at 147.12. Rejection by 147.12 will retain near term bearishness. Break of 142.34 support will bring retest of 139.87. However, […]

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28/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6631; (P) 0.6645; (R1) 0.6669; More… AUD/USD’s recovery from 0.6591 extends higher today, but stays below 0.6713 resistance. Intraday bias remains neutral first. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579 intact. On the upside, firm break of 0.6713 will resume whole rise […]
22/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.23; (P) 164.79; (R1) 165.22; More… Intraday bias in EUR/JPY is turned neutral first with current retreat. Some consolidations could be seen but downside should be contained by 55 4H EMA (now at 163.19) to bring another rally. On the upside, break of 165.33 will resume larger up trend to 61.8% projection […]
28/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.92; (P) 163.22; (R1) 163.55; More… Intraday bias in EUR/JPY is turned neutral gain with current retreat. On the upside, above 163.70 will resume the rise from 153.15 to 164.29 high. However, considering loss of momentum as seen in 4H MACD, break of 162.55 minor support will turn bias back to the […]