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Daily Pivots: (S1) 148.98; (P) 149.53; (R1) 149.97; More… Intraday bias in USD/JPY back on the downside with strong break of 149.20 support. Fall from 150.87 could either be correcting the rise from 140.25, or completely reversing it. In either case, deeper decline is expected to 38.2% retracement of 140.25 to 150.87 at 146.81. Sustained […]

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GBP/JPY Daily Outlook

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09/10/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8367; (P) 0.8386; (R1) 0.8398; More… Intraday bias in EUR/GBP remains neutral and outlook stays bearish for now. On the downside, break of 0.8309 will resume larger down trend to 0.8201 key support next. However, decisive break of 38.2% retracement of 0.8624 to 0.8309 at 0.8429 will pave the way to 61.8% […]
26/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9466; (P) 0.9482; (R1) 0.9505; More…. Intraday bias in EUR/CHF Remains neutral for the moment. On the upside, sustained break of 55 D EMA (now at 0.9573) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive break of 0.9448 will suggest rejection by 55 D EMA, and turn bias back […]
05/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0917; (P) 1.0944; (R1) 1.0974; More… Intraday bias in EUR/USD remains neutral and further decline is mildly in favor with 1.1014 minor resistance holds. Below 1.0892 will resume the fall from 1.1138 short term top for 1.0772 support. Sustained break there will argue that whole rise from 1.0447 has completed, and break […]