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Daily Pivots: (S1) 0.9348; (P) 0.9413; (R1) 0.9449; More…. Intraday bias in EUR/CHF stays neutral for the moment. On the upside, above 0.9506 will resume the rebound from 0.9305 to 0.9579 resistance. However, break of 0.9305 will resume the fall for 0.9579 to retest 0.9209 low. In the bigger picture, medium term corrective pattern from […]

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22/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2672; (P) 1.2694; (R1) 1.2725; More… Intraday bias in GBP/USD stays neutral for the moment. Consolidation pattern from 1.2826 could extend further. Break of 1.2595 support will target 1.2499 support. On the upside, however, firm break of 1.2784 resistance will suggest that the consolidation pattern has completed. Further rally should then resume […]
19/12/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2513; (P) 1.2621; (R1) 1.2679; More… GBP/USD’s break of 1.2615 support suggest that recovery from 1.2486 has completed at 1.2810. Intraday bias is back on the downside for retesting 1.2486. Firm break there will resume the fall from 1.3433 and target 1.2298 cluster support zone. Nevertheless, break of 1.2728 minor resistance will […]
20/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0935; (P) 1.0961; (R1) 1.1007; More… EUR/USD is staying in consolidation from 1.1108 and intraday bias remains neutral. Further rally is expected as long as 1.0722 support holds. On the upside, break of 1.1016 will resume the whole rise from 1.0447 to retest 1.1274 high. In the bigger picture, price actions from […]