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Daily Pivots: (S1) 0.8293; (P) 0.8309; (R1) 0.8337; More… No change in EUR/GBP’s outlook and intraday bias stays neutral. On the upside, break of 0.8326 resistance will confirm short term bottoming at 0.8221, ahead of 0.8201 key support, on bullish convergence condition in 4H MACD. Intraday bias will be turned back to the upside for […]

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09/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 193.27; (P) 193.83; (R1) 194.76; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. On the downside, break of 189.54 will turn bias back to the downside for 183.70 […]
13/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8564; (P) 0.8587; (R1) 0.8615; More…. EUR/GBP’s recovery from 0.8548 extends higher today but stays well below 0.8648 support turned resistance. intraday bias remains neutral and further decline is expected. On the downside, break of 0.8548 will target 0.8491 low first. Firm break there will resume larger down trend. In the bigger […]
29/10/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8633; (P) 0.8667; (R1) 0.8686; More… Intraday bias in USD/CHF is turned neutral with breach of 0.8649 minor support. A temporary top is formed at 0.8699 after touching 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Some consolidations would be seen first, but further rally remains in favor as long as 55 […]