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Daily Pivots: (S1) 0.8476; (P) 0.8505; (R1) 0.8551; More…. EUR/GBP’s rally continues today and intraday bias stays on the upside. Sustained break of above falling channel resistance (now at 0.8555) will raise the chance of larger bullish trend reversal and target 0.8643 resistance next. On the downside, below 0.8517 minor support will turn intraday bias […]

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15/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3694; (P) 1.3709; (R1) 1.3730; More… Intraday bias in USD/CAD stays on the downside at this point despite weak downside momentum. Fall from 1.3946 would extend towards 1.3588 key support. On the upside, above 1.3674 minor resistance will turn bias back to the upside for stronger recovery. In the bigger picture, price […]
27/06/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2594; (P) 1.2644; (R1) 1.2672; More… Further decline is expected in GBP/USD as long as 1.2702 resistance holds. Sustained trading below 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. On the upside, however, firm break of 1.2702 resistance will argue that pull […]
13/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9430; (P) 0.9455; (R1) 0.9475; More… EUR/CHF is extending consolidation from 0.9402 and intraday bias remains neutral for the moment. Overall outlook stays bearish as long as 0.9543 resistance holds. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 […]