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Daily Pivots: (S1) 0.8510; (P) 0.8527; (R1) 0.8542; More… Intraday bias in EUR/GBP stays on the downside for 08491 support. Break there will resume larger down trend to 0.8464 projection level. On the upside, above 0.8563 minor resistance will turn intraday bias neutral and bring consolidations again. In the bigger picture, fall from 0.8764 is […]

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06/02/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8669; (P) 0.8694; (R1) 0.8731; More…. Intraday bias in USD/CHF remains neutral with focus on 0.8727 resistance. On the upside, decisive break of 0.8727 will resume the rebound from 0.8332, and target 61.8% retracement of 0.9243 to 0.8332 at 0.8995. On the downside, break of 0.8550 will turn bias back to the […]
06/03/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2672; (P) 1.2704; (R1) 1.2736; More… Intraday bias in GBP/USD remains on the upside at this point. Further rally would be seen to 1.2826 resistance first. Firm break there will resume whole rally from 1.2036, and target 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005 next. For now, further rise […]
10/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2678; (P) 1.2722; (R1) 1.2753; More… GBP/USD is staying in sideway trading below 1.2826 and intraday bias remains neutral at this point. On the upside, decisive break of 1.2826 high will resume whole rally from 1.2036. Nevertheless, break of 1.2611 will bring deeper correction to 1.2499 support instead. In the bigger picture, […]