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Daily Pivots: (S1) 157.59; (P) 158.04; (R1) 158.38; More… Intraday bias in EUR/JPY remains neutral for the moment. Risk will stay on the upside as long as 155.06 support holds. On the upside, above 158.97 will resume the rebound from 153.15 to 100% projection of 153.15 to 158.55 from 155.06 at 160.46. In the bigger […]

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EUR/GBP Daily Outlook

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28/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3205; (P) 1.3236; (R1) 1.3291; More… GBP/USD’s rally is still in progress despite some loss of momentum as seen in 4H MACD. Intraday bias stays on the upside for Current up trend should target 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. On the downside, below 1.3179 minor support will […]
16/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0942; (P) 1.0980; (R1) 1.1010; More….. EUR/USD is staying in consolidation below 1.1046 and intraday bias remains neutral. Another rally is in favor as long as 1.0880 support holds. Firm break of 100% projection of 1.0665 to 1.0947 from 1.0776 at 1.1058 could prompt upside acceleration through 1.1138 resistance to 161.8% projection […]
20/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3473; (P) 1.3485; (R1) 1.3503; More… USD/CAD is still bounded in range below 1.3585 and intraday bias remains neutral. More consolidations could be seen, but further rally is expected as long as 1.3357 support holds. On the upside, firm break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance. In […]