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Daily Pivots: (S1) 164.20; (P) 166.08; (R1) 167.06; More… Intraday bias in EUR/JPY is back on the downside with breach of 164.81 temporary low, as fall from 175.41 resumes. Decisive break of 164.29 support turned resistance will indicate that larger scale correction is underway for 155.91 fibonacci level. On the upside, however, break of 167.93 […]

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EUR/USD Daily Outlook

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22/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2636; (P) 1.2666; (R1) 1.2720; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.2793 is extending. Further rally is still expected as long as 1.2499 support holds. On the upside, firm break of 1.2793 will resume the rally from 1.2036. Next target is 61.8% projection of 1.2068 to 1.2731 from […]
13/07/2024

AUD/USD Weekly Report

AUD/USD’s rally from 0.6361 continued last week and outlook is unchanged. Initial bias stays on the upside this week for 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837. Decisive break there could prompt upside acceleration through 0.6870 resistance to 100% projection at 0.6971. On the downside, however, break of 0.6723 support will turn […]
12/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2858; (P) 1.2903; (R1) 1.2960; More… Intraday bias in GBP/USD remains on the upside for 61.8% projection of 1.2298 to 1.2859 from 1.2612 at 1.2959. Decisive break there would prompt upside acceleration through 1.3141 resistance to 100% projection at 1.3173. On the downside, below 1.2845 resistance turned support will turn intraday bias […]