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EUR/JPY Daily OutlookDaily Pivots: (S1) 127.88; (P) 128.49; (R1) 128.96; Intraday bias in EUR/JPY remains on the downside for 61.8% retracement of 124.89 to 130.86 at 127.17. The rebound from 124.89...
This past week has seen some slow, soporific and downright boring development. What’s more, I’m coming to the conclusion that we may see more of the same. In EUR/USD, I have been looking...
GBP/JPY Daily OutlookDaily Pivots: (S1) 142.64; (P) 143.45; (R1) 143.95; Intraday bias in GBP/JPY remains neutral at this point. On the upside, break of 145.67 will target 38.2% retracement of 156.59...
EUR/USD and GBP/USD definitely had day off and I suspect we may see yet another. Whether the market can generate the strength to finally see a more definite trend today is possible but the way things...
EUR/JPY Daily OutlookDaily Pivots: (S1) 128.88; (P) 129.43; (R1) 130.27; EUR/JPY lacks a clear direction for the moment as it dipped to 128.31 but then quickly recovered with weak upside momentum....
First of all, while I did some analysis, the amount of development over the week could see some errors. I hope I’ve gotten the structure correct but it will be best to limit position sizes. As...
Australian Dollar is lifted broadly today after stronger than expected GDP data. But the Aussie quickly pared gains as weighed down by stock market rout in Asia. At the time of writing, Hong Kong HSI...
EUR/JPY Daily OutlookDaily Pivots: (S1) 128.56; (P) 128.88; (R1) 129.45; EUR/JPY breached 38.2% retracement of 124.89 to 130.86 at 128.57 but quickly recovered. Intraday bias stays neutral first. On...
EUR/JPY has given downside movement from lower level and sustaining below the same. Accumulation at lower level with negative biased is observed during last few daily session. It has been trading...
AUD/USD Daily OutlookDaily Pivots: (S1) 0.7179; (P) 0.7202; (R1) 0.7237; With 4 hour MACD crossed above signal line, a temporary low is in place at 0.7165 in AUD/USD. Intraday bias is turned neutral...
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