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Daily Pivots: (S1) 0.8330; (P) 0.8340; (R1) 0.8358; More… Intraday bias in EUR/GBP remains neutral for the moment, and more consolidations could be seen above 0.8316. Outlook will stay bearish as long as 0.8399 support turned resistance holds. On the downside, below 0.8316 will resume the fall from 0.8624 to 100% projection of 0.8624 to […]

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15/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2653; (P) 1.2724; (R1) 1.2835; More… GBP/USD’s rally is in progress and intraday bias stays on the upside for the moment. Current rise from 1.2036 should target 61.8% projection of 1.2068 to 1.2731 from 1.2499 at 1.2909 next. On the downside, below 1.2678 minor support will turn intraday bias neutral first. But […]
27/03/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 151.13; (P) 151.35; (R1) 151.64; More… Intraday bias in USD/JPY is turned neutral gain as it retreated after edging higher to 151.96. On the downside, break of 150.25 support should confirm short term topping, and turn bias back to the downside for 55 D EMA (now at 148.93). Nevertheless, sustained break of […]
10/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0906; (P) 1.0936; (R1) 1.0961; More… EUR/USD continues to trade sideway above 1.0876 and intraday bias stays neutral for the moment. 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 […]