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Daily Pivots: (S1) 0.9381; (P) 0.9399; (R1) 0.9433; More…. EUR/CHF continues to trade in converging range and intraday bias stays neutral. For now, the favored case is that rise from 0.9209 low is not finished yet. Break of 0.9506 will turn intraday bias to the upside for 0.9579 resistance and above. However, break of 0.9332 […]

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EUR/USD Daily Outlook

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26/04/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2464; (P) 1.2495; (R1) 1.2543; More… No change in GBP/USD’s outlook and intraday bias stays neutral. Near term outlook stays bearish as long as 1.2538 support turned resistance holds. Break of 1.2421 minor support will argue that rebound from 1.2298 has completed and bring retest of this low. However, decisive break of […]
03/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3126; (P) 1.3140; (R1) 1.3162; More… Intraday bias in GBP/USD remains neutral as consolidation continues below 1.3265. While deeper retreat cannot be ruled out, downside should be contained well above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to 100% projection of 1.2298 […]
07/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 155.01; (P) 155.75; (R1) 156.86; More…. Intraday bias in USD/JPY stays neutral for the moment and outlook is unchanged. Risk will stay on the downside as long as 157.70 resistance holds. Fall from there is seen as the third leg of the corrective pattern from 160.20. On the downside, break of 154.53 […]