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Daily Pivots: (S1) 158.28; (P) 159.28; (R1) 159.98; More… Immediate focus is now on 158.55 support in EUR/JPY. Sustained break there will argue that rebound from 153.15 has completed at 161.84 already. Fall from there is then seen as the third leg of the pattern from 164.29 high. Intraday bias will be turned back to […]

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GBP/JPY Daily Outlook

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GBP/JPY Daily Outlook

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24/06/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2619; (P) 1.2646; (R1) 1.2671; More… Intraday bias in GBP/USD is turned neutral first with current recovery. Further decline is expected as long as 1.2739 resistance holds. Break of 1.2622, and sustained trading below 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. […]
21/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2989; (P) 1.3020; (R1) 1.3067; More… Intraday bias in GBP/USD remains on the upside for the moment. Decisive break of 1.3043 resistance will resume whole rally from 1.2998 to 61.8% projection of 1.2298 to 1.3043 from 1.2664 at 1.3124, which is close to 1.3141 high. On the downside, below 1.2973 minor support […]
14/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9447; (P) 0.9469; (R1) 0.9503; More… Intraday bias in EUR/CHF remains neutral as consolidation from 0.9402 is extending. Overall outlook stays bearish as long as 0.9543 resistance holds. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 […]