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Daily Pivots: (S1) 0.8303; (P) 0.8322; (R1) 0.8336; More… Intraday bias in EUR/GBP stays neutral and outlook remains bearish with 0.8446 resistance intact. On the downside, break of 0.8294 low will resume larger down trend to 0.8201 key support next. On the upside, break of 0.8446 will resume the rebound from 0.8294 short term bottom […]

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19/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.14; (P) 162.99; (R1) 163.68; More… Intraday bias in EUR/JPY remains neutral for the moment. 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, below 160.57 minor support will turn bias back […]
02/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9480; (P) 0.9522; (R1) 0.9549; More…. Intraday bias in EUR/CHF remains on the downside for the moment. Current fall form 0.9928 should target 100% projection of 0.9928 to 0.94767 from 0.9772 at 0.9320. On the upside, above 0.9519 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another […]
16/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8570; (P) 0.8585; (R1) 0.8595; More… EUR/GBP’s break of 0.8585 minor support argues that rebound from 0.8529 has completed at 0.8619. Intraday bias is back on the downside for 0.8529 support. Decisive break there will argue that larger down trend is ready to resume. For now, risk will stay on the downside […]