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Daily Pivots: (S1) 1.0816; (P) 1.0840; (R1) 1.0856; More… Outlook in EUR/USD remains unchanged as consolidations continue above 1.0801. Intraday bias remains neutral and But risk will stay on the downside as long as 55 4H EMA (now at 1.0855) holds. Below 1.0801 will resume the fall from 1.0980 to retest 1.0694 first. Break there […]

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08/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 183.43; (P) 183.87; (R1) 184.41; More… Intraday bias in GBP/JPY stays neutral first. On the upside, sustained break of 184.15 resistance will argue that whole pull back from 188.63 has completed and bring further rally to retest this high. However, break of 181.73 minor support will indicate rejection by 184.15, and retain […]
11/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2704; (P) 1.2724; (R1) 1.2762; More… Range trading continues in GBP/USD and intraday bias stays neutral for the moment. On the upside, decisive break of 1.2826 high will resume whole rally from 1.2036. Nevertheless, break of 1.2611 will bring deeper correction to 1.2499 support instead. In the bigger picture, price actions from […]
15/01/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6666; (P) 0.6698; (R1) 0.6717; More… Intraday bias in AUD/USD remains neutral at this point. Further decline is expected as long as 0.6759 minor resistance holds. Firm break of 0.6639 will resume the fall from 0.6870 to 61.8% retracement of 0.6269 to 0.6870 at 0.6497 next. On the upside, break of 0.6759 […]