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Daily Pivots: (S1) 1.2653; (P) 1.2724; (R1) 1.2835; More… GBP/USD’s rally is in progress and intraday bias stays on the upside for the moment. Current rise from 1.2036 should target 61.8% projection of 1.2068 to 1.2731 from 1.2499 at 1.2909 next. On the downside, below 1.2678 minor support will turn intraday bias neutral first. But […]

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GBP/JPY Daily Outlook

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07/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 169.03; (P) 169.66; (R1) 170.09; More…. Intraday bias in EUR/JPY stays neutral and outlook is unchanged. Current development suggests that rebound from 164.31 has completed at 170.81. Risk will stay on the downside as long as 170.87 resistance holds. Below 168.01 will target 167.31 support first. Break there will target 164.01 support […]
12/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6592; (P) 0.6603; (R1) 0.6617; More… AUD/USD is staying in range below 0.6713 and intraday bias stays neutral. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance next. However, sustained break of 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) will dampen […]
14/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8585; (P) 0.8597; (R1) 0.8603; More… Intraday bias in EUR/GBP remains neutral at this point. On the downside, below 0.8585 minor support will argue that rebound from 0.8529 has completed, and larger fall might be ready to resume. Intraday bias will be back on the downside for 0.8529 support first. In the […]