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Daily Pivots: (S1) 1.0628; (P) 1.0783; (R1) 1.0885; More… Intraday bias in EUR/USD remains on the downside as fall from 1.1213 is in progress. Next target is 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656. Firm break there will pave the way to 100% projection at 1.0483. For now, near term outlook will […]

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EUR/USD Mid-Day Outlook

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11/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 193.26; (P) 194.38; (R1) 195.18; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. On the downside, break of 189.54 will turn bias back to the downside for 183.70 […]
14/06/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2732; (P) 1.2770; (R1) 1.2802; More… GBP/USD’s break of 1.2687 support argues that rise from 1.2298 might have completed at 1.2859, on bearish divergence condition in 4H MACD. Intraday bias is back on the downside fro 1.2633 resistance turned support first. Firm break there will target 1.2445 and below. For now, risk […]
27/09/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8318; (P) 0.8340; (R1) 0.8352; More… Intraday bias in EUR/GBP stays neutral and more consolidation could be seen above 0.8316 temporary low. Outlook will remain bearish as long as 0.8399 support turned resistance holds. On the downside, below 0.8316 will resume the fall from 0.8624 to 100% projection of 0.8624 to 0.8399 […]