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Daily Pivots: (S1) 0.8548; (P) 0.8557; (R1) 0.8564; More… Intraday bias in EUR/GBP remains neutral at this point, and outlook is unchanged. Considering bullish convergence condition in D MACD, decisive break of 0.8577 and 55 D EMA (now at 0.8572) will argue that fall from 0.8764 has completed. Intraday bias will be back on the […]

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GBP/JPY Daily Outlook

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13/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.87; (P) 188.10; (R1) 189.15; More… Intraday bias in GBP/JPY stays neutral and outlook remains bearish with 38.2% retracement of 208.09 to 180.00 at 190.73 intact. On the downside, below 184.46 minor support will turn intraday bias back to the downside for retesting 180.00 low. Break there will resume the fall from […]
06/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8817; (P) 0.8843; (R1) 0.8860; More…. USD/CHF is still bounded in range below 0.8891 and intraday bias stays neutral. Further rally remains in favor as long as 0.8741 support holds. Break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. Nevertheless, break of 0.8741 support will turn bias […]
07/02/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.12; (P) 186.45; (R1) 186.71; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. On the upside, firm break of 187.60 will turn bias to the upside for 188.90. Break there will confirm resumption of larger up trend. Meanwhile, below 185.21 will turn bias to the downside and extend the […]