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Daily Pivots: (S1) 1.2930; (P) 1.2960; (R1) 1.3019; More… Intraday bias in GBP/USD remains on the upside despite current retreat. Rise fro 1.2298 is in progress for 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, which is slightly above 1.3141 key medium term resistance. On the downside, below 1.2898 minor support will turn […]

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11/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6451; (P) 1.6502; (R1) 1.6562; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, decisive break of 1.6450 support will argue that whole rebound from 1.6127 has completed with three waves up to 1.6742 already. Near term outlook will be turned bearish for 1.6127 again, to extend the […]
21/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 192.29; (P) 192.91; (R1) 194.02; More….. Intraday bias in GBP/JPY remains on the upside for the moment. Current up trend should target 61.8% projection of 178.32 to 191.29 from 187.94 at 195.95, which is close to 195.86 long term resistance. On the downside, below 191.78 minor support will turn intraday bias neutral […]
05/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9429; (P) 0.9467; (R1) 0.9497; More… Intraday bias in EUR/CHF stays on the downside for retesting 0.9407/16 support zone. Decisive break there will resume larger down trend. On the upside, touching 0.9504 minor resistance will delay the bearish case and turn intraday bias neutral for consolidation first. In the bigger picture, rejection […]