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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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28/10/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8652; (P) 0.8664; (R1) 0.8679; More… USD/CHF’s rally from 0.8374 resumed after brief consolidations, and intraday bias is back on the upside. Decisive break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall from 0.9223 has completed after defending 0.8332 low. Further rally should then be seen to […]
24/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0812; (P) 1.0864; (R1) 1.0906; More… EUR/USD’s breach of 1.0843 temporary low suggests that fall from 1.1138 is resuming. Intraday bias is back on the downside for 1.0722 support first. Decisive break there will argue that whole rise from 1.0447 has completed, and target this low. Nevertheless, on the upside, firm break […]
12/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.17; (P) 187.30; (R1) 188.12; More… Intraday bias in GBP/JPY remains neutral for the moment. While recovery from 180.00 might extend higher, outlook will stay bearish as long as 38.2% retracement of 208.09 to 180.00 at 190.73 holds. On the downside, below 184.46 minor support will turn intraday bias back to the […]