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Daily Pivots: (S1) 0.8553; (P) 0.8568; (R1) 0.8579; More… Intraday bias in EUR/GBP remains neutral at this point. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has completed at 0.8601. Intraday bias will be back on the downside for retesting 0.8497 low next. On the upside, break […]

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GBP/JPY Daily Outlook

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11/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.45; (P) 189.08; (R1) 189.78; More….. Intraday bias in GBP/JPY remains neutral for the moment. On the downside, below 188.22 will resume the decline from 191.29 to 38.2% retracement of 178.32 to 191.29 at 186.33. Sustained break there will raise the chance of larger scale correction and target 61.8% retracement at 183.27. […]
27/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8950; (P) 0.8967; (R1) 0.8990; More… Intraday bias in USD/CHF stays neutral at this point. Further decline is still expected with 0.8992 resistance intact. Below 0.8912 minor support will bring retest of 0.8825 low. Firm break there will resume the fall from 0.9223 to 61.8% retracement of 0.8332 to 0.9223 at 0.8672. […]
01/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6496; (P) 0.6526; (R1) 0.6572; More… Intraday bias in AUD/USD is turned neutral first with current recovery, and some more consolidations would be seen above 0.6479. Further decline is expected as long as 0.6609 minor resistance holds. Below 0.6479 will resume the decline from 0.6798 to 0.6361 support first. Firm break there […]