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Daily Pivots: (S1) 1.0853; (P) 1.0885; (R1) 1.0910; More… Intraday bias in EUR/USD is turned neutral with current retreat and some consolidations would be seen below 1.0915. Further rally is expected as long as 1.0788 support holds. Break of 1.0915 will resume the rally from 1.0601 to 61.8% projection of 1.0601 to 1.0894 from 1.0788 […]

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GBP/JPY Daily Outlook

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20/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.58; (P) 190.11; (R1) 191.97; More… GBP/JPY is staying in range of 187.84/191.99 and intraday bias remains neutral first. On the upside, above 191.99 will target 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, however, firm break of 187.84 […]
29/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0843; (P) 1.0855; (R1) 1.0869; More….. Intraday bias in EUR/USD remains neutral for consolidations above 1.0825 temporary low. Further decline is expected as long as 1.0896 minor resistance holds. Below 1.0825 will target 55 D EMA (now at 1.0815). Sustained break there will argue that whole rebound from 1.0601 has completed with […]
13/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.00; (P) 160.98; (R1) 161.92; More… Intraday bias in EUR/JPY remains neutral and outlook stays bearish with 38.2% retracement of 175.41 to 154.40 at 162.42 intact. On the downside, below 157.71 minor support will bring retest of 154.40 first. Break there will resume the fall from 175.41 to 153.15 support next. However, […]