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Daily Pivots: (S1) 1.2481; (P) 1.2528; (R1) 1.2554; More… Intraday bias in GBP/USD remains neutral for the moment and some more consolidations could be seen below 1.2633. Further rally is in favor with 1.2471 support intact. On the upside, above 1.2633 will resume the rebound from 1.2298 to 1.2708 resistance next. However, firm break of […]

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GBP/JPY Daily Outlook

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18/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 168.38; (P) 168.86; (R1) 169.76; More… Intraday bias in EUR/JPY is turned neutral with current strong rebound. On the upside break of 170.12 resistance will argue that pull back from 170.87 has completed at167.52, after drawing support from 55 D EMA. Intraday bias will be back on the upside for 170.87 and […]
20/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6458; (P) 1.6484; (R1) 1.6509; More… Outlook in EUR/AUD is unchanged as range trading continues. Intraday bias stays neutral for the moment. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen […]
06/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8419; (P) 0.8455; (R1) 0.8476; More… USD/CHF’s fall from 0.9223 resumed by breaching 0.8399 support. Intraday bias is back on the downside for retesting 0.8332 low. decisive break there will indicate larger down trend resumption. However, break of 0.8536 resistance will now confirm short term bottoming, and turn bias back to the […]