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Daily Pivots: (S1) 0.8602; (P) 0.8621; (R1) 0.8644; More…. EUR/GBP’s rise from 0.8548 resumes today and the break of 0.8648 support turned resistance argues that fall from 0.8764 might have completed already. Intraday bias is now on the upside for stronger rebound towards 0.8764 resistance. On the downside, though, break of 0.8597 minor support will […]

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GBP/JPY Daily Outlook

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15/03/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2715; (P) 1.2769; (R1) 1.2807; More… Intraday bias in GBP/USD remains mildly on the downside at this point. Fall from 1.2892 short term top would target 55 D EMA (now at 1.2673). Sustained break there will target 1.2517 structural support next. For now, risk will stay mildly on the downside as long […]
13/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6678; (P) 0.6702; (R1) 0.6747; More… Intraday bias in AUD/USD remains neutral for the moment. Some more consolidations could still be seen. On the upside, break of 0.6766 resistance will suggest that pull back from 0.6823 has completed. Intraday bias will be back on the upside for 0.6823 and above. However, break […]
12/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.49; (P) 160.44; (R1) 161.05; More… Intraday bias in EUR/JPY stays neutral for the moment. While recovery from 154.40 might extending, outlook will remain bearish as long as 38.2% retracement of 175.41 to 154.40 at 162.42 holds. On the downside, below 157.71 minor support will bring retest of 154.40 first. Break there […]