EUR/JPY extended the sideway patter from 156.57 last week and outlook is unchanged. Initial bias remains neutral this week for more consolidations. Deeper decline will remain in favor as long as 158.64 resistance holds. On the downside, break of 156.57 support, and sustained trading below 55 D EMA (now at 157.02) will argue that fall […]
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Daily Pivots: (S1) 193.47; (P) 194.64; (R1) 195.81; More… Intraday bias in GBP/JPY stays mildly on the downside for the moment. Rise from 188.07 might have completed at 198.84 already. Deeper fall would be seen Read more…
Daily Pivots: (S1) 162.36; (P) 162.90; (R1) 163.42; More… EUR/JPY is staying in consolidation below 164.89 and intraday bias remains neutral. Rise from 156.16, as a leg in the corrective pattern from 154.40, should continue Read more…
Daily Pivots: (S1) 0.8338; (P) 0.8372; (R1) 0.8404; More… Intraday bias in EUR/GBP stays on the upside for the moment, as rally from 0.8221 short term bottom is in progress for 0.8446 key resistance. Strong Read more…