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Daily Pivots: (S1) 143.51; (P) 143.98; (R1) 144.51; More… Intraday bias in USD/JPY remains neutral. On the upside, above 146.27 will target 148.64 resistance first. Firm break there will resume the rebound from 139.87. Nevertheless, break of 142.10 will bring deeper fall back to 139.87 low. In the bigger picture, price actions from 161.94 are […]

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16/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.70; (P) 191.71; (R1) 193.01; More.. Range trading continues in GBP/JPY and intraday bias stays neutral for the moment. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. Nevertheless, decisive break of 189.97 support will indicate that it’s at least correcting the rise from 178.32, […]
14/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3725; (P) 1.3737; (R1) 1.3754; More… USD/CAD’s fall from 1.3946 resumed after brief consolidations and intraday bias is back on the downside sustained trading below 55 D EMA (now at 1.3726) will dampen the original bullish view and bring deeper decline back towards 1.3588 support. On the upside, above 1.3764 minor resistance […]
20/02/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2577; (P) 1.2604; (R1) 1.2623; More… No change in GBP/USD’s outlook as range trading continues. Intraday bias stays neutral at this point. On the upside, break of 1.2691 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of […]