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Daily Pivots: (S1) 0.8322; (P) 0.8337; (R1) 0.8359; More… Intraday bias in EUR/GBP remains neutral as consolidation from 0.8294 is extending. Stronger recovery cannot be ruled out, but outlook will stay bearish as long as 0.8433 resistance holds. On the downside, break of 0.8294 will resume larger down trend to 0.8201 key support next. Strong […]

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02/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 160.90; (P) 161.31; (R1) 161.89; More… Intraday bias in USD/JPY remains on the upside at this point. Current up trend should target 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. On the downside, below 160.25 minor support will turn intraday bias neutral and bring consolidations again, before staging another rally. […]
04/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6474; (P) 1.6519; (R1) 1.6548; More.. Immediate focus is now on 1.6439 support in EUR/AD with current fall. Firm break there will argue that whole rebound from 1.6127 has completed, and turn near term outlook bearish for this support again. Nevertheless, strong rebound from current level, followed by break of 1.6561 minor […]
18/10/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8304; (P) 0.8339; (R1) 0.8359; More… EUR/GBP’s fall from 0.8433 extends lower today, but downside is still held above 0.8309 support. Intraday bias remains neutral first. On the downside, firm break of 0.8309 will resume larger down trend to 0.8201 key support next. However, decisive break of 38.2% retracement of 0.8624 to […]