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Daily Pivots: (S1) 0.8627; (P) 0.8680; (R1) 0.8728; More…. Intraday bias in USD/CHF remains mildly on the downside for the moment. Current decline from 0.9243 should extend to target 0.8551 key support level. For now, near term outlook will stay bearish as long as 0.8819 resistance holds, in case of recovery. In the bigger picture, […]

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GBP/USD Mid-Day Outlook

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26/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2679; (P) 1.2711; (R1) 1.2740; More… Range trading continues in GBP/USD and intraday bias remains neutral. Deeper pull back cannot be ruled out. But downside should be contained above 1.2499 support to bring rebound. On the upside, firm break of 1.2784 resistance will suggest that consolidation pattern has completed. Further rise should […]
15/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0905; (P) 1.0957; (R1) 1.1044; More… EUR/USD failed to break through 1.1016 resistance and retreated notably in early US session. Intraday bias is turned neutral first. Some consolidations would be seen. But for now, outlook will stay cautiously bullish as long as 1.0722 support holds. On the upside, decisive break of 1.1016 […]
18/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.33; (P) 147.92; (R1) 148.75; More… Intraday bias in USD/JPY remains on the upside, as rise from 140.25 is in progress. Next target is 151.89/93 key resistance zone next. On the downside, below 147.06 minor support will turn intraday bias neutral and bring consolidations first. But further rally will remain in favor […]