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Daily Pivots: (S1) 142.35; (P) 142.72; (R1) 143.20; More… Intraday bias in USD/JPY is turned neutral with current recovery. Some consolidations would be seen above 142.10 temporary low. Further decline is expected as long as 55 D EMA (now at 145.85) holds. Below 142.10 will resume the fall from 146.64 to retest 139.87 low. In […]

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GBP/JPY Daily Outlook

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17/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 195.66; (P) 196.29; (R1) 197.54; More… GBP/JPY’s rebound from 191.34 resumed after brief recovery and intraday bias is back on the upside. Rise from 191.34 is seen as the second leg of the corrective pattern from 200.53. Sustained break of 197.07 will pave the way to retest 200.53. On the downside, firm […]
16/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.59; (P) 195.17; (R1) 195.70; More… Intraday bias in GBP/JPY stays neutral at this point. On the upside break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. Sustained break there will target 208.09 high. On the downside, break of 189.54 will turn […]
24/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6455; (P) 1.6514; (R1) 1.6555; More… EUR/AUD’s consolidation from 1.6671 is in progress and intraday bias stays neutral. Rise from 1.6127 is expected to continue as long as 1.6398 support holds. Corrective fall from 1.7062 should have completed with three waves down to 1.6127 already. Above 1.6671 will target 1.6844 resistance to […]