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Daily Pivots: (S1) 145.08; (P) 146.68; (R1) 149.36; More… No change in USD/JPY’s outlook and intraday bias stays neutral. On the upside, firm break of 148.13 resistance will confirm short term bottoming, and turn bias back to the upside for 151.20 resistance. Nevertheless, rejection by 148.13, followed by break of 143.98 will resume larger fall […]

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13/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.00; (P) 160.98; (R1) 161.92; More… Intraday bias in EUR/JPY remains neutral and outlook stays bearish with 38.2% retracement of 175.41 to 154.40 at 162.42 intact. On the downside, below 157.71 minor support will bring retest of 154.40 first. Break there will resume the fall from 175.41 to 153.15 support next. However, […]
15/01/2025

AUD/USD Daily Report

Daily Pivots: (S1) 0.6171; (P) 0.6189; (R1) 0.6213; More… Intraday bias in AUD/USD remains neutral as consolidations continue above 0.6130. Further decline is expected as long as 0.6310 resistance holds. Break of 0.6130 will resume the fall from 0.6941 to 61.8% projection of 0.6687 to 0.6198 from 0.6301 at 0.5999. However, considering bullish convergence condition […]
03/04/2025

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8320; (P) 0.8354; (R1) 0.8380; More… EUR/GBP is staying in established range despite some volatility. Intraday bias remains neutral first. On the downside, break of 0.8314 will resume the decline from 0.8448 towards 0.8239 support. Nevertheless, firm break of 0.8384 will argue that fall from 0.8448 is merely a correction and has […]