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Daily Pivots: (S1) 0.8515; (P) 0.8537; (R1) 0.8553; More… EUR/GBP is staying in tight range above 0.8512 and intraday bias remains neutral. On the downside, below 0.8521 will resume the fall from 0.8764 to retest 0.8491. Break there will extend larger down trend to 0.8464 projection level. On the upside, above 0.8566 minor resistance will […]

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25/04/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9763; (P) 0.9778; (R1) 0.9808; More… Intraday bias in EUR/CHF remains on the upside for retesting 0.9847 resistance. Decisive break there will resume larger rally from 0.9252 high. On the downside, below 0.9708 minor support will turn intraday bias neutral again first. In the bigger picture, while 55 D EMA (now at […]
21/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2633; (P) 1.2679; (R1) 1.2704; More… Intraday bias in GBP/USD remains neutral for the moment. While consolidation from 1.2656 could extend, risk will stay on the downside as long as 1.2859 resistance holds. Firm break of 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 […]
14/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0800; (P) 1.0848; (R1) 1.0924; More… EUR/USD’s break of 1.0827 minor resistance suggests that pull back from 1.1016 has completed at 1.0722 already, after drawing support from 55 D EMA. Intraday bias is back on the upside for 1.1016 resistance first. Firm break there will resume whole rally from 1.0447 to retest […]