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Daily Pivots: (S1) 0.8378; (P) 0.8413; (R1) 0.8472; More… Immediate focus stays on 0.8433 resistance in EUR/GBP. Sustained break there will confirm short term bottoming at 0.8294. Further rally should be seen towards 0.8624 resistance next. On the downside, below 0.8381 minor support will bring retest o f0.8294 low instead. In the bigger picture, down […]

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13/01/2024

EUR/GBP Weekly Outlook

EUR/GBP fell to 0.8585 last week but turned sideway since then. Initial bias stays neutral this week and more consolidations could be seen. But further decline is expected as long as 0.8638 minor resistance holds. On the downside, below 0.8585 will resume the fall from 0.8713 to 0.8548 support. Firm break there will target 0.8491 […]
30/11/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0947; (P) 1.0982; (R1) 1.1004; More… While EUR/USD’s pull back from 1.1016 extends lower today, it’s holding well above 1.0851 support. Intraday bias remains neutral first, and further rally is still expected. On the upside, firm break of 1.1016 will resume the rise from 1.0447 to 1.1274 resistance next. But strong resistance […]
27/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8457; (P) 0.8472; (R1) 0.8487; More….. Intraday bias in USD/CHF remains on the downside for retesting 0.8431 support. Firm break there will resume whole decline from 0.9223 towards 0.8332 low. On the upside, above 0.8540 minor resistance will turn intraday bias neutral. But risk will stay on the downside as long as […]