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Daily Pivots: (S1) 1.1073; (P) 1.1121; (R1) 1.1158; More…. Intraday bias in EUR/USD remains neutral as consolidations continues below 1.1200. Further rally is expected as long as 1.1001 support holds. On the upside, above 1.1200 will target 1.1274 high. Firm break there will resume larger up trend. However, firm break of 1.1001 will indicate near […]

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USD/JPY Daily Outlook

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30/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9116; (P) 0.9130; (R1) 0.9147; More…. Intraday bias in USD/CHF remains neutral and further rise is in favor with 0.9077 minor support intact. On the upside, above 0.9157 will bring retest of 0.9223. However, on the downside, break of 0.9077 will suggest that rebound from 0.8987 has completed. Intraday bias will be […]
11/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3051; (P) 1.3079; (R1) 1.3109; More… Intraday bias in GBP/USD remains neutral as range trading continues below 1.3265. Further rise is expected with 1.3043 resistance turned support intact. On the upside, firm break of 1.3265 will resume larger up trend to 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. However, […]
31/08/2024

GBP/USD Weekly Outlook

GBP/USD edged higher to 1.3265 last week but retreated since then. Initial bias remains neutral this week for more consolidations first. Further rally is expected as long as 1.3043 resistance turned support holds. Break of 1.3265 will resume larger up trend to 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. In the bigger […]