Daily Pivots: (S1) 0.8594; (P) 0.8612; (R1) 0.8636; More…. Intraday bias in EUR./GBP stays neutral for the moment, and further decline is expected with 0.8648 support turned resistance intact. on the downside, break of 0.8548 will resume the fall from 0.8764 to 0.8491 support next. Firm break there will resume larger down trend. However, sustained […]
Dec 10, 2024
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 150.16; (P) 150.76; (R1) 151.82; More… Intraday bias in USD/JPY stays neutral for the moment. With 151.94 resistance intact, further decline remains in favor. On the downside, below 148.64 will strengthen the case that rise from 139.57 has already completed at 156.754. Deeper fall should then be seen to 61.8% retracement of […]
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