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Daily Pivots: (S1) 0.8294; (P) 0.8315; (R1) 0.8354; More… Intraday bias in EUR/GBP is turned neutral again with break of 0.8324 minor resistance. Some consolidations could be seen but further decline is expected as long as 0.8446 resistance holds. Break of 0.8259 will resume larger down trend to 0.8201 key support. In the bigger picture, […]

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10/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6297; (P) 1.6331; (R1) 1.6382; More… Intraday bias in EUR/AUD is turned neutral first. But risk will stay on the upside as long as 1.6127 support holds. Above 1.6398 will resume the rebound to 1.6478 resistance. Firm break there will argue that whole correction from 1.7062 has completed, and target 1.6844 resistance […]
28/10/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2946; (P) 1.2972; (R1) 1.2989; More… Intraday bias in GBP/USD remains neutral for the moment and some more consolidations could be seen above 1.2906 temporary low. Further decline is expected as long as 1.3070 minor resistance holds. Below 1.2906 will target 61.8% retracement of 1.2298 to 1.3433 at 1.2732. However, considering bearish […]
20/02/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2577; (P) 1.2604; (R1) 1.2623; More… No change in GBP/USD’s outlook as range trading continues. Intraday bias stays neutral at this point. On the upside, break of 1.2691 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 […]