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USD/JPY’s rally from 139.87 resumed by breaking through 153.26 resistance last week. Initial bias stays on the upside this week fir 100% projection of 146.58 to 153.26 from 149.37 at 156.05. Firm break there will target 158.86 resistance next. On the downside, below 153.24 resistance turned support will turn intraday bias neutral first. But outlook […]

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07/06/2025

EUR/JPY Weekly Outlook

EUR/JPY’s rebound from 161.06 continued last week and breached 165.19 resistance. Initial bias stays on the upside this week. Further rally would be seen to 166.67 resistance, and possibly further to 61.8% retracement of 175.41 to 154.77 at 167.38. For now, near term outlook will stay mildly bullish as long as 162.87 support holds, in […]
26/03/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0769; (P) 1.0800; (R1) 1.0822; More… Intraday bias in EUR/USD remains neutral for the moment. Corrective pattern from 1.0953 could extend with another fall. But downside should be contained by 38.2% retracement of 1.0358 to 1.0953 at 1.0726 to bring rebound. On the upside, break of 1.0953 will resume the rally from […]
07/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 189.82; (P) 190.26; (R1) 190.67; More….. Intraday bias in GBP/JPY is back on the downside with break of 189.02 support. Price actions from 191.29 are seen as a correction to rise from 178.32 for now. Deeper fall would be seen to 38.2% retracement of 178.32 to 191.29 at 186.33. Sustained break there […]