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Daily Pivots: (S1) 0.8322; (P) 0.8333; (R1) 0.8347; More… EUR/GBP is still extending the consolidation pattern from 0.8294 and intraday bias stays neutral. Outlook remains bearish with 0.8433 resistance intact. On the downside, break of 0.8294 will resume larger down trend to 0.8201 key support next. Strong support could be seen from there to bring […]

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27/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9564; (P) 0.9582; (R1) 0.9603; More…. No change in EUR/CHF’s outlook as consolidation from 0.9476 is extending. Intraday bias remains neutral for the moment. Outlook will remain bearish as long as 0.9683 resistance holds. On the downside, break of 0.9476, and sustained trading below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 […]
03/03/2024

GBP/USD Weekly Outlook

GBP/USD stayed inside range trading below 1.2708 last week. Initial bias stays neutral this week first. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will argue that whole rise from 1.2036 has […]
20/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3309; (P) 1.3356; (R1) 1.3381; More… Intraday bias in USD/CAD stays on the downside for the moment. Sustained trading below 1.3378 will extend the fall from 1.3897 to retest 1.3091 support next. On the upside above 1.3408 minor resistance will turn intraday bias neutral again. But risk will stay on the downside […]