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Daily Pivots: (S1) 0.9873; (P) 0.9884; (R1) 0.9897; More…. Intraday bias in EUR/CHF is turned neutral first as it continued to lose upside momentum ahead of 61.8% projection of 0.9304 to 0.9847 from 0.9563 at 0.9899. Further rally is expected as long as 0.9835 resistance turned support holds. Firm break of 0.9899 will pave the […]

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EUR/GBP Daily Outlook

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13/03/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2751; (P) 1.2788; (R1) 1.2829; More… Intraday bias in GBP/USD remains neutral for the moment. Further rally will remain in favor as long as 55 4H EMA (now at 1.2755) holds. On the upside, above 1.2892 will resume larger rise from 1.2063 and target 61.8% projection of 1.2036 to 1.2826 from 1.2517 […]
05/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2729; (P) 1.2784; (R1) 1.2861; More… Intraday bias in GBP/USD remains neutral first and further decline is in favor with 1.2863 resistance intact. On the downside, below 1.2706 will target 1.2612 support first. Decisive break there should confirm that rise from 1.2298 has completed. However, break of 1.2863 will turn bias back […]
08/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3722; (P) 1.3756; (R1) 1.3792; More… Intraday bias in USD/CAD remains on the downside as pullback from 1.3946 short term top extends. Sustained break of 55 D EMA (now at 1.3726) would dampen the original bullish outlook and bring deeper fall. On the upside, above 1.3790 minor resistance will bring retest of […]