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Daily Pivots: (S1) 141.93; (P) 143.07; (R1) 143.72; More… Intraday bias in USD/JPY remains on the downside as fall from 148.64 is in progress for retesting 139.87. On the upside, above 144.31 minor resistance will turn intraday bias neutral again and bring consolidations first, before staging another decline. In the bigger picture, price actions from […]

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AUD/USD Daily Report

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GBP/JPY Daily Outlook

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29/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2851; (P) 1.2866; (R1) 1.2883; More… Intraday bias in GBP/USD remains neutral for the moment and outlook is unchanged. As long as 1.2859 resistance turned support holds, further rally is in favor. Break of 1.3043 will resume the rise from 1.2298. However, firm break of 1.2859 will turn bias to the downside […]
12/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 144.81; (P) 145.61; (R1) 146.08; More… Intraday bias in USD/JPY remains neutral at this point. On the upside above 146.40 will resume the rebound from 140.25 to 61.8% retracement of 151.89 to 140.25 at 147.44. Upside should be limited there to bring reversal. On the downside, break of 143.41 will turn bias […]
05/02/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 145.85; (P) 146.48; (R1) 147.07; More… Focus stays on 148.79 resistance in USD/JPY. Firm break there will resume the rally from 140.25 to 151.89/93 key resistance zone. For now, further rise will remain in favor as long as 145.88 holds, in case of retreat. In the bigger picture, fall from 151.89 is […]