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Daily Pivots: (S1) 1.2409; (P) 1.2436; (R1) 1.2480; More… GBP/USD is still bounded in established range below 1.2522 and intraday bias remains neutral for the moment. Outlook is unchanged that rebound from 1.2099 is seen as a corrective move. While another rise cannot be ruled out, strong resistance could be seen 38.2% retracement of 1.3433 […]

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EUR/USD Mid-Day Outlook

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25/03/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0784; (P) 1.0826; (R1) 1.0850; More… Intraday bias in EUR/USD stays on the downside at this point. Rebound from 1.0694 should have completed at 1.0980. Deeper fall would be seen to retest this low first. Break there will resume the decline from 1.1138 and target 100% projection of 1.1138 to 1.0694 from […]
15/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6268; (P) 1.6299; (R1) 1.6345; More… Intraday bias in EUR/AUD stays neutral as consolidations continues above 1.6161 temporary low. Risk will stay mildly on the downside as long as 1.6598 holds. On the downside, break of 1.6161 will resume the decline from 1.6590 to target a test on 1.5996/6002 key support zone. […]
29/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 195.21; (P) 196.57; (R1) 199.17; More.. GBP/JPY’s steep retreat indicates short term topping at 200.53. Intraday bias is turned neutral for consolidations first. But outlook will remain bullish as long as 193.51 resistance turned support holds. Firm break of 200.53 will resume larger up trend. In the bigger picture, current rally is […]