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Daily Pivots: (S1) 0.6539; (P) 0.6567; (R1) 0.6589; More… Intraday bias in AUD/USD remains on the downside, as decline from 0.6941 is in progress for 61.8% retracement of 0.6269 to 0.6941 at 0.6526. Sustained break there will target 0.6348 support next. On the upside, above 0.6609 minor resistance will turn intraday bias neutral and bring […]

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EUR/USD Mid-Day Outlook

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07/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2536; (P) 1.2575; (R1) 1.2598; More… Intraday bias in GBP/USD stays on the downside at this point. Fall from 1.2731 short term top would target 55 D EMA (now at 1.2436). On the upside, above 1.2613 minor resistance will turn intraday bias neutral first. But risk will stay on the downside as […]
06/02/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 185.83; (P) 186.74; (R1) 187.31; More… Range trading continues in GBP/JPY and intraday bias remains neutral for the moment. On the upside, firm break of 187.60 will turn bias to the upside for 188.90. Break there will confirm resumption of larger up trend. Meanwhile, below 185.21 will turn bias to the downside […]
18/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9393; (P) 0.9407; (R1) 0.9432; More…. Intraday bias in EUR/CHF remains neutral for the moment. With 0.9444 resistance intact, further decline is in favor. On the downside, below 0.9305 will resume the fall from 0.9579 to retest 0.9209 low. Firm break there will resume larger down trend. However, decisive break of 0.9444 […]