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Daily Pivots: (S1) 0.8533; (P) 0.8548; (R1) 0.8556; More… No change in EUR/GBP’s outlook as range trading continues. Intraday bias remains neutral. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target 0.8464 projection level first. However, firm break of 0.8577 will turn bias back to the upside […]

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24/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 168.13; (P) 169.61; (R1) 170.38; More… EUR/JPY’s fall from 175.41 resumed after brief consolidations and dives to as low as 167.42 so far. Intraday bias is back on the downside for 38.2% retracement of 153.15 to 175.41 at 166.90. Some support could be seen there to bring rebound, on first attempt. But […]
07/05/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2535; (P) 1.2565; (R1) 1.2591; More… Intraday bias in GBP/USD is turned neutral with current retreat and some consolidations could be seen. Further rise remains in favor as long as 1.2471 support holds. Above 1.2633 will resume the rebound from 1.2298 to 1.2708 resistance next. In the bigger picture, price actions from […]
08/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0803; (P) 1.0826; (R1) 1.0859; More… Intraday bias in EUR/USD remains neutral for the moment. On the downside, decisive break of 1.0694/0723 support zone will resume whole fall from 1.1138. On the upside, though, break of 1.0875 will resume the rebound from 1.0723 towards 1.0980 resistance instead. In the bigger picture, price […]