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Daily Pivots: (S1) 141.93; (P) 143.07; (R1) 143.72; More… Intraday bias in USD/JPY stays on the downside at this point. Fall from 148.64 is in progress for retesting 139.87. On the upside, above 144.31 minor resistance will turn intraday bias neutral again and bring consolidations first, before staging another decline. In the bigger picture, price […]

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05/04/2025

EUR/JPY Weekly Outlook

EUR/JPY dipped notably last week but recovered ahead of 158.87 support. Initial bias remains neutral this week first. On the upside, above 164.16 will resume the rally from 154.77 to 164.89 resistance, and then 166.67. However, break of 158.87 support will bring deeper decline back to 154.77 support. Overall, sideway consolidation pattern from 154.40 is […]
24/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 159.02; (P) 159.44; (R1) 160.22; More… Intraday bias in USD/JPY remains on the upside for the moment. Current rally should target 160.20 high, or possibly to 100% projection of 151.86 to 157.70 from 154.53 at 160.37. Upside could be limited there, at least on first attempt. On the downside, below 158.24 minor […]
22/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.74; (P) 148.28; (R1) 148.71; More… Intraday bias in USD/JPY remains neutral for consolidation below 148.79 temporary top. Further rally is expected as long as 145.97 resistance turned support holds. Corrective all from 151.89 should have completed at 140.25 already. Break of 148.79 will resume the rise from there for retesting 151.89/93 […]