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Daily Pivots: (S1) 0.9328; (P) 0.9351; (R1) 0.9366; More…. Intraday bias in EUR/CHF remains neutral first, with immediate focus on 0.9332 support. Firm break there will resume the fall from 0.9579 towards 0.9209, and argue that larger down trend might be ready to resume too. On the upside, though, break of 0.9506 will turn intraday […]

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EUR/USD Daily Outlook

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06/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2719; (P) 1.2769; (R1) 1.2829; More… Intraday bias in GBP/USD stays neutral as range trading continues. 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 […]
21/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.64; (P) 189.95; (R1) 190.68; More… Intraday bias in GBP/JPY remains neutral as range trading continues inside 187.84/191.99.On the upside, above 191.99 will target 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, however, firm break of 187.84 support will […]
17/04/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2397; (P) 1.2435; (R1) 1.2463; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. Consolidation from 1.2402 is extending, but upside of recovery should be limited by 1.2538 support turned resistance to bring another fall. On the downside, firm break of 1.2404 will resume the decline from 1.2892 to 100% […]