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Daily Pivots: (S1) 1.0321; (P) 1.0389; (R1) 1.0429; More… Intraday bias in EUR/USD remains on the downside at this point, as fall from 1.1213 is in progress to 1.0199 fibonacci level. Decisive break there will solidify the case of larger bearish trend reversal. Next target will be 61.8% projection of 1.1213 to 1.0330 from 1.0629 […]

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GBP/USD Mid-Day Outlook

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30/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3133; (P) 1.3180; (R1) 1.3215; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.3265 is still expected. Downside of retreat should be contained well above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to 100% projection of 1.2298 to 1.3043 from […]
01/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2465; (P) 1.2517; (R1) 1.2544; More… Intraday bias in GBP/USD remains neutral for the moment and outlook is unchanged. On the upside, above 1.2568 will resume the rebound from 1.2298 to 55 D EMA (now at 1.2578). Sustained break there will argue that fall from 1.2892 has completed already, and bring further […]
13/12/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.05; (P) 152.41; (R1) 153.03; More… USD/JPY’s rally from 148.64 is still in progress, and intraday bias stays on the upside for retesting 156.75. Firm break there will confirm resumption of whole rally from 139.57. On the downside, below 151.79 minor support will turn intraday bias neutral first. But risk will stay […]