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Daily Pivots: (S1) 0.8367; (P) 0.8386; (R1) 0.8398; More… Intraday bias in EUR/GBP remains neutral and outlook stays bearish for now. On the downside, break of 0.8309 will resume larger down trend to 0.8201 key support next. However, decisive break of 38.2% retracement of 0.8624 to 0.8309 at 0.8429 will pave the way to 61.8% […]

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EUR/USD Daily Outlook

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22/10/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.66; (P) 150.27; (R1) 151.46; More… Intraday bias in USD/JPY remains on the upside, as rise from 139.57 is in progress. Next target is 61.8% retracement of 161.94 to 139.57 at 153.39. On the downside, below 149.08 minor support will turn intraday bias neutral again. But still, further rally is in favor […]
14/02/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8524; (P) 0.8535; (R1) 0.8542; More… EUR/GBP’s breach of 0.8512 support suggests that recent decline is resuming. Intraday bias is back on the downside for 0.8491. Break there will resume larger down trend to 0.8464 projection level. For now, break of 0.8571 resistance is needed to indicate short term bottoming. Otherwise, outlook […]
01/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9470; (P) 0.9533; (R1) 0.9593; More… Intraday bias in EUR/CHF stays on the downside at this point. Sustained break of 61.8% retracement level of 0.9416 to 0.9683 at 0.9518 will pave the way to retest 0.9416 low. On the upside, above 0.9566 minor resistance will turn intraday bias neutral first. In the […]