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Daily Pivots: (S1) 0.8273; (P) 0.8293; (R1) 0.8315; More… EUR/GBP is staying in range above 0.8259 and intraday bias stays neutral. Further decline is expected with 0.8446 resistance intact. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. In the bigger picture, down trend from 0.9267 (2022 high) […]

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05/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6558; (P) 0.6589; (R1) 0.6618; More…. AUD/USD retreated higher hitting 0.6618 and intraday bias is turned neutral first. Rise from 0.6480 is seen as the third leg of the corrective pattern from 0.6442. Above 0.6618 will target 0.6633 resistance first. Break there will target 0.6666 and above. However, on the downside, sustained […]
21/11/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2618; (P) 1.2666; (R1) 1.2702; More… GBP/USD is staying in consolidation above 1.2596 temporary low and intraday bias remains neutral. Outlook stays bearish with 1.2842 support turned resistance intact. On the downside, break of 1.2596 will resume the fall from 1.3433 to 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456. […]
10/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2768; (P) 1.2797; (R1) 1.2815; More… GBP/USD is staying in consolidation below 1.2845 temporary top and intraday bias remains neutral. Further rally is expected as long as 55 4H EMA (now at 1.2748) holds. Firm break of 1.2859 will resume the rally from 1.2298 and target 61.8% projection of 1.2298 to 1.2859 […]