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Daily Pivots: (S1) 1.1020; (P) 1.1032; (R1) 1.1056; More… Intraday bias in EUR/USD remains on the upside at this point. Current rise from 1.0447 should target a retest on 1.1274 high. Strong resistance should be seen from there to limit upside, at least on first attempt. On the downside, below 1.0993 minor support will turn […]

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GBP/USD Daily Outlook

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26/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6507; (P) 0.6545; (R1) 0.6576; More… A temporary low should be in place at 0.6513 with current recovery. Intraday bias is turned neutral for consolidations. Further decline is expected as long as 55 4H EMA (now at 0.6639) holds. Sustained break of 61.8% retracement of 0.6361 to 0.6798 at 0.6528 will pave […]
27/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 202.14; (P) 202.43; (R1)202.90; More… Intraday bias in GBP/JPY remains on the upside for the moment. Firm break of 61.8% projection of 191.34 to 200.72 from 197.18 at 202.97. will pave the way to 100% projection at 206.56 next. On the downside, below 201.95 minor support will turn intraday bias neutral first. […]
03/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8648; (P) 0.8668; (R1) 0.8690; More… Intraday bias in EUR/GBP is turned neutral again as it recovered after brief dip to 0.8644. On the downside, firm break of 0.8644 will suggest that rebound from 0.8548 has completed at 0.8713 already. Deeper fall should be seen to retest 0.8548 support. On the upside, […]