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Daily Pivots: (S1) 202.75; (P) 203.47; (R1) 203.97; More… Intraday bias in GBP/JPY is back on the downside with breach of 20208 temporary low. Fall from 208.09 is resuming, as a correction to whole rise from 178.32. Next target is 55 D EMA (now at 201.02). Sustained break there will target 38.2% retracement of 178.32 […]

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18/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2673; (P) 1.2691; (R1) 1.2724; More… Intraday bias in GBP/USD is turned neutral with current recovery. Risk will stay on the downside as long as 1.2859 resistance holds. Firm break of 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. In the bigger […]
21/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1090; (P) 1.1112; (R1) 1.1151; More…. Intraday bias in EUR/USD remains on the upside for the moment. Firm break of 1.1138 resistance will target 161.8% projection of 1.0665 to 1.0947 from 1.0776 at 1.1232. On the downside, below 1.1071 minor support will turn intraday bias neutral and bring consolidations first. But outlook […]
09/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0922; (P) 1.0951; (R1) 1.0978; More… Intraday bias in EUR/USD stays neutral for the moment, and outlook is unchanged. On the downside break of 1.0876 will resume the fall from 1.1138 short term top to 1.0722 support next. However, break of 1.0997 will turn bias back to the upside for retesting 1.1138 […]