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Daily Pivots: (S1) 1.0292; (P) 1.0402; (R1) 1.0461; More… Intraday bias in EUR/USD is back on the downside with strong break of 1.0452 minor support. Fall from 1.1213 should be resuming to 61.8% projection of 1.0936 to 10330 from 1.0629 at 1.0254. Firm break there will target 100% projection at 1.0023. ON the upside, above […]

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USD/JPY Mid-Day Outlook

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16/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8591; (P) 0.8601; (R1) 0.8616; More… EUR/GBP is staying in tight range above 0.8585 and intraday bias remains neutral. Further decline is expected as long as 0.8638 minor resistance holds. On the downside, below 0.8585 will resume the fall from 0.8713 to 0.8548 support. Firm break there will target 0.8491 low next. […]
29/07/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2851; (P) 1.2866; (R1) 1.2883; More… GBP/USD’s fall from 1.3043 extends lower today and intraday bias is back on the downside with break of 1.2859 resistance turned support. Decisive break of 55 D EMA (now at 1.2776) will suggest that rise from 1.2298 has completed with three waves up to 1.3043 Deeper […]
17/08/2024

AUD/USD Weekly Report

AUD/USD’s rally from 0.6348 extended higher last week and with late break of 0.6642 temporary top, initial bias is back on the upside this week. Further rise should be seen to 0.6798 resistance next. On the downside, below 0.6569 minor support will turn bias to the downside for retreat. In the bigger picture, overall, price […]