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Daily Pivots: (S1) 0.9787; (P) 0.9812; (R1) 0.9837; More… Intraday bias in EUR/CHF is turned neutral again with current retreat. on the upside, firm break of 0.9847 resistance will resume larger rise from 0.9252 to 61.8% projection of 0.9252 to 0.9847 from 0.9563 at 0.9931 next. However, break of 0.9748 will extend the corrective pattern […]

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EUR/USD Mid-Day Outlook

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19/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2616; (P) 1.2656; (R1) 1.2715; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. On the downside, firm break of 1.2595 support will resume the decline from 1.2826 to 1.2499 support. Nevertheless, strong rebound from current level will retain near term bullishness. Decisive break of 1.2826 will resume whole rally […]
09/10/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3614; (P) 1.3644; (R1) 1.3678; More… Intraday bias in USD/CAD remains on the upside as rebound from 1.3418 short term bottom is in progress. Fall from 1.3946 has likely completed already. Further rise should be seen to 61.8% retracement of 1.3946 to 1.3418 at 1.3559 next. Decisive break there will target 1.3946 […]
19/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.90; (P) 192.34; (R1) 192.77; More.. GBP/JPY is still bounded in established range despite today’s volatility. Intraday bias remains neutral. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. Nevertheless, decisive break of 189.97 support will indicate that it’s at least correcting the rise from […]