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Daily Pivots: (S1) 1.0747; (P) 1.0776; (R1) 1.0792; More… Intraday bias in EUR/USD stays on the downside for the moment, as fall from 1.1016 short term top is in progress. Sustained break of 55 D EMA (now at 1.0770) will pave the way to retest 1.0447 support. On the upside, above 1.0804 minor resistance will […]

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GBP/USD Daily Outlook

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16/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0877; (P) 1.0900; (R1) 1.0916; More…. EUR/USD’s retreat from 1.0921 extends lower today but stays well above 1.0805 support so far. Intraday bias remains neutral first. Some more consolidations would be seen but further rally is in favor. Firm break of 1.0915/21 will will resume whole rise from 1.0601 to 100% projection […]
28/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9019; (P) 0.9046; (R1) 0.9064; More…. Intraday bias in USD/CHF remains on the upside at this point. Sustained trading above 100% projection projection of 0.8550 to 0.8884 from 0.8728 at 0.9062 will target 0.9243 key medium term resistance next. On the downside, below 0.8964 minor support will turn intraday bias neutral and […]
07/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 184.74; (P) 185.27; (R1) 185.56; More… GBP/JPY’s fall from 188.63 accelerates lower today and breaks through 184.44 support. Current development argues that a medium term is in place on bearish divergence condition in D MACD. Fall from 188.63 is likely corrective whole rise from 148.93. Intraday bias is now on the downside […]