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Daily Pivots: (S1) 1.2647; (P) 1.2672; (R1) 1.2712; More… Intraday bias in GBP/USD remains neutral for the moment. Further decline is expected as long as 1.2739 resistance holds. Break of 1.2622, and sustained trading below 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. However, firm […]

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GBP/JPY Daily Outlook

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13/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8623; (P) 0.8667; (R1) 0.8697; More… Outlook is USD/CHF remains bearish with 38.2% retracement of 0.9223 to 0.8431 at 0.8734 intact. On the downside, below 0.8631 minor support will bring retest of 0.8431 first. Break there will resume the fall from 0.9223 to 0.8332 low. Nevertheless, firm break of 0.8734 will bring […]
13/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.54; (P) 161.08; (R1) 161.88; More… Intraday bias in EUR/JPY stays neutral at this point. On the downside, below 160.20 will resume the fall from 163.70 to 38.2% retracement of 153.15 to 163.70 at 159.66. Sustained break there will indicate that fall from 163.70 is reversing whole rise from 153.13, and target […]
15/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2806; (P) 1.2838; (R1) 1.2857; More… Intraday bias in GBP/USD remains on the upside for the moment. Pull back from 1.3043 could have completed at 1.2664 already. Further rise should be seen to retest 1.3043 resistance first. Firm break there will resume whole rally from 1.2998 to 61.8% projection of 1.2298 to […]