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Daily Pivots: (S1) 184.03; (P) 185.13; (R1) 185.88; More… Intraday bias in GBP/JPY remains neutral for the moment, and outlook will stay cautiously bearish as long as 189.72 resistance holds. Below 183.70 will resume the fall from 193.45 to retest 180.00 low. Firm break there will extend whole decline from 208.09 to 175.94 fibonacci level. […]

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EUR/GBP Daily Outlook

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05/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2582; (P) 1.2654; (R1) 1.2703; More… GBP/USD is still bounded in range of 1.2590/2731 and intraday bias remains neutral. On the upside, decisive break of 1.2731 will resume the rally from 1.2036 for retesting 1.3141 high next. However, firm break of 1.2590 will confirm short term topping, and turn bias back to […]
09/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.42; (P) 164.67; (R1) 165.14; More… Range trading continues in EUR/JPY and intraday bias remains neutral. More consolidations could be seen below 165.33.On the upside, firm break of 165.33 will resume larger up trend towards 169.96 key resistance next. On the downside, though, break of 162.59 will turn bias to the downside […]
11/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6297; (P) 1.6331; (R1) 1.6382; More… Intraday bias in EUR/AUD remains neutral and risk stays on the upside as long as 1.6127 support holds. Above 1.6398 will resume the rebound to 1.6478 resistance. Firm break there will argue that whole correction from 1.7062 has completed, and target 1.6844 resistance for confirmation. Nevertheless, […]