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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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24/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1073; (P) 1.1121; (R1) 1.1158; More…. Intraday bias in EUR/USD remains neutral as consolidations continues below 1.1200. Further rally is expected as long as 1.1001 support holds. On the upside, above 1.1200 will target 1.1274 high. Firm break there will resume larger up trend. However, firm break of 1.1001 will indicate near […]
10/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8482; (P) 0.8507; (R1) 0.8549; More…. Intraday bias in USD/CHF stays neutral at this point. Consolidation from 0.8332 is in progress and stronger recovery cannot be ruled out. But outlook will stay bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8332 will resume larger fall from […]
30/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 147.05; (P) 147.70; (R1) 148.14; More… USD/JPY is still bounded in consolidation from 148.79 and intraday bias remains neutral. With 145.97 resistance turned support intact, further rally is in favor. As noted before, corrective fall from 151.89 should have completed at 140.25 already. Break of 148.79 will resume the rise from there […]