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Daily Pivots: (S1) 0.6546; (P) 0.6566; (R1) 0.6579; More… Intraday bias in AUD/USD stays on the downside as fall from 0.6666 short term top is in progress. Deeper decline would be seen to 0.6476 support first. Break there will argue that decline from 0.6870 is ready to resume through 0.6442 low. On the upside, break […]

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GBP/JPY Daily Outlook

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22/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8546; (P) 0.8564; (R1) 0.8599; More… Immediate focus is now on 0.8577 resistance in EUR/GBP with current rebound. Decisive break there will argue that fall from 0.8764 has completed and turn bias back to the upside for stronger rebound. On the downside, decisive break of 0.8491/7 support zone will resume larger down […]
16/07/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2955; (P) 1.2975; (R1) 1.2988; More… Intraday bias in GBP/USD remains neutral for consolidations below 1.2994 temporary top. But further rally is expected as long as 1.2859 resistance turned support holds. Above 1.2994 will resume the rally from 1.2298 and target 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, which […]
14/03/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.31; (P) 147.68; (R1) 148.12; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, sustained break of 38.2% retracement of 140.25 to 150.87 at 146.81 will argue that fall from 150.87 is reversing the whole rally from 140.25. In this case, deeper decline would be seen to 61.8% […]