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Daily Pivots: (S1) 1.0783; (P) 1.0804; (R1) 1.0840; More… Intraday bias in EUR/USD remains neutral as consolidations continues above 1.0760. Further decline is expected as long as 1.0871 resistance holds. Below 1.0760 will target 61.8% retracement of 1.0447 to 1.1213 at 1.0740. Firm break there will target 1.0601 support next. However, considering bullish convergence condition […]

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EUR/AUD Daily Outlook

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GBP/USD Daily Outlook

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18/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2592; (P) 1.2664; (R1) 1.2709; More… Intraday bias in GBP/USD remains neutral for the moment. On the downside, firm break of 1.2611 will resume the decline from 1.2826 to 1.2499 support. Nevertheless, strong rebound from current level will retain near term bullishness. Decisive break of 1.2826 will resume whole rally from 1.2036. […]
12/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.19; (P) 160.59; (R1) 160.96; More… Intraday bias in EUR/JPY is turned neutral again with current recovery. On the downside, below 160.20 will resume the fall from 163.70 to 38.2% retracement of 153.15 to 163.70 at 159.66. Sustained break there will indicate that fall from 163.70 is reversing whole rise from 153.13, […]
18/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9088; (P) 0.9115; (R1) 0.9135; More…. No change in USD/CHF’s outlook as consolidation from 0.9151 is extending. While deeper pullback cannot be ruled out, further rally is expected as long as 0.8996 support holds. Firm break of 0.9151 will target 0.9243 key resistance next. In the bigger picture, price actions from 0.8332 […]