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Daily Pivots: (S1) 0.8659; (P) 0.8674; (R1) 0.8689; More…. Intraday bias in EUR/GBP remains on the downside for 0.8648 support. Decisive break there will argue that whole rise from 0.8491 has completed and turn near term outlook bearish. Nevertheless, break of 0.8706 minor resistance will retain near term bullishness and bring retest of 0.8764 instead. […]

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EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8649; (P) 0.8666; (R1) 0.8678; More…. No change in EUR/GBP’s outlook. Intraday bias stays on the downside at this point. Decisive break of 0.8648 support will argue that whole rise from 0.8491 has completed and turn near term outlook bearish. Nevertheless, break of 0.8706 minor resistance will retain near term bullishness and […]
12/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8498; (P) 0.8518; (R1) 0.8528; More…. Intraday bias in USD/CHF stays neutral for the moment. Consolidation from 0.8332 is extending and stronger recovery cannot be ruled out. But outlook will stay bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8332 will resume larger fall from 0.9243 […]
08/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 192.94; (P) 193.54; (R1) 194.08; More.. Intraday bias in GBP/JPY stays neutral for the moment. On the upside, sustained break of 55 4H EMA (now at 193.86) will bring stronger rebound back toward 197.40 resistance. On the downside, below 191.34 will resume the correction from 200.53. Sustained trading below 55 D EMA […]