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Daily Pivots: (S1) 0.8357; (P) 0.8371; (R1) 0.8389; More… Intraday bias in EUR/GBP stays neutral at this point, and further decline is expected. 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 […]

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24/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0794; (P) 1.0827; (R1) 1.0850; More… Intraday bias in EUR/USD stays neutral and outlook is unchanged. On the upside, break of 1.0894 will resume the rise from 1.0601 to 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed at 1.0601 already. However, firm break of 1.0810 will […]
30/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8531; (P) 0.8540; (R1) 0.8554; More… While downside momentum in EUR/GBP isn’t too convincing, further decline is still expected with 0.8563 resistance intact. Next target is 0.8491 low and break will resume larger down trend to 0.8464 projection level. On the upside, above 0.8563 minor resistance will turn intraday bias neutral and […]
28/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 202.69; (P) 203.04; (R1) 203.58; More… Intraday bias in GBP/JPY remains on the upside at this point. Current rally should target 100% projection of 191.34 to 200.72 from 197.18 at 206.56 next. On the downside, below 202.41 minor support will turn intraday bias neutral first. But outlook will remain bullish as long […]