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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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EUR/USD Mid-Day Outlook

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31/08/2024

EUR/JPY Weekly Outlook

No change in EUR/JPY’s outlook as sideway trading continued below 163.86 last week. Initial bias remains neutral this week first. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the downside, however, firm break of 159.80 support […]
07/11/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0628; (P) 1.0783; (R1) 1.0885; More… Intraday bias in EUR/USD remains on the downside as fall from 1.1213 is in progress. Next target is 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656. Firm break there will pave the way to 100% projection at 1.0483. For now, near term outlook will […]
18/11/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8857; (P) 0.8883; (R1) 0.8906; More… USD/CHF is extending consolidations below 0.8916 temporary top and intraday bias stays neutral. Outlook remains bullish as long as 0.8773 resistance turned support holds. On the upside, break of 0.8916 and sustained trading above 61.8% retracement of 0.9223 to 0.8374 at 0.8899 will pave the way […]