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Daily Pivots: (S1) 1.6477; (P) 1.6560; (R1) 1.6672; More… A temporary top should be in place at 1.6642 with current retreat. Intraday bias in EUR/AUD is turned neutral for consolidations. Outlook will stay bullish as long as 1.6384 support holds. Above 1.6642 will resume the rise from 1.5996 to retest 1.6742 resistance. Decisive break there […]

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07/09/2024

GBP/JPY Weekly Outlook

GBP/JPY’s decline last week suggests that rebound from 180.00 has completed at 193.45, ahead of 55 D EMA. Initial bias remains on the downside this week for retesting 180.00 low first. Break there will resume whole fall from 208.09. On the upside, above 189.76 minor resistance will turn intraday bias neutral first. In the bigger […]
15/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8526; (P) 0.8542; (R1) 0.8549; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target 0.8464 projection level first. Nevertheless, firm break of 0.8577 will turn bias back to the upside for stronger rebound. In […]
05/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9643; (P) 0.9712; (R1) 0.9754; More…. EUR/CHF’s fall from 0.9928 extended lower last week and touched 38.2% retracement of 0.9252 to 0.9928 at 0.9670. Strong support is expected from this fibonacci level to bring rebound. Break of 0.9740 minor resistance will turn intraday bias back to the upside. Nevertheless, sustained break of […]