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Daily Pivots: (S1) 143.89; (P) 144.70; (R1) 145.31; More… Intraday bias in USD/JPY stays on the downside at this point. Rebound from 139.87 could have completed as a correction to 148.64 already. Deeper fall would be seen back to retest this support. For now, risk will stay on the downside as long as 146.08 minor […]

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EUR/JPY Daily Outlook

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GBP/USD Mid-Day Outlook

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14/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8529; (P) 0.8548; (R1) 0.8564; More…. EUR/GBP’s break of 0.8567 suggests that corrective pullback from 0.8624 has completed at 0.8530, after hitting 38.2% retracement of 0.8382 to 0.8624 at 0.8532. Intraday bias is back on the upside for retesting 0.8624 first. Break there will resume the rally from 0.8382. However, decisive break […]
12/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8754; (P) 0.8775; (R1) 0.8794; More…. No change in USD/CHF’s outlook as range trading continues. Intraday bias stays neutral for the moment. On the downside, sustained break of 0.8741 will argue that the whole rebound from 0.8332 might have completed, and bring deeper fall to 0.8550 support. Nevertheless, strong bounce from current […]
13/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6437; (P) 1.6488; (R1) 1.6524; More… Intraday bias in EUR/AUD remains neutral at this point. Rebound from 1.6256 is still in favor to continue as long as 1.6457 support holds. Above 0.6629 will turn bias back to the downside for retesting 1.7180 high. However, firm break of 1.6457 support will suggest that […]