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Daily Pivots: (S1) 1.1096; (P) 1.1137; (R1) 1.1204; More…. No change in EUR/USD’s outlook and intraday bias stays on the upside. Decisive break of 1.1200will resume larger the rally from 1.0665 to 1.1274 high. Firm break there will resume larger up trend. On the downside, however, break of 1.1072 will turn bias back to the […]

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GBP/USD Mid-Day Outlook

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30/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1124; (P) 1.1164; (R1) 1.1202; More…. EUR/USD recovers mildly today but stays in range below 1.1213. Intraday bias remains neutral and more consolidations could still be seen. But further rally is expected as long as 1.1001 support holds. Above 1.1213 will resume the rise from 1.0665 to 1.1274 high. Firm break there […]
23/12/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2491; (P) 1.2553; (R1) 1.2630; More… Intraday bias in GBP/USD remains neutral and more consolidations would be seen above 1.2474 temporary low. Outlook will stay bearish as long as 1.2810 resistance holds. On the downside, break of 1.2474 will resume the fall from 1.3433 to 1.2298 cluster support zone. In the bigger […]
12/12/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2737; (P) 1.2758; (R1) 1.2791; More… GBP/USD is still bounded in sideway trading and intraday bias stays neutral. Rebound from 1.2486 short term bottom could still extend higher. But outlook will stay bearish as long as 55 D EMA (now at 1.2840) holds. On the downside, below 1.2615 minor support will bring […]