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Daily Pivots: (S1) 1.1073; (P) 1.1121; (R1) 1.1158; More…. No change in EUR/USD’s outlook as range trading continues. Intraday bias remains neutral. Further rally is expected as long as 1.1001 support holds. On the upside, above 1.1200 will target 1.1274 high. Firm break there will resume larger up trend. However, firm break of 1.1001 will […]

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18/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3127; (P) 1.3178; (R1) 1.3211; More… Intraday bias in GBP/USD remains neutral for the moment. On the upside, decisive break of 1.3265 will resume larger rally 1.3364 projection level next. On the downside, below, 1.3177 minor support will turn bias to the downside, to extend the correction from 1.3265 through 1.3000 support. […]
23/08/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 144.19; (P) 145.55; (R1) 146.63; More… Outlook in USD/JPY is unchanged and intraday bias remains neutral. On the downside, break of 144.44 temporary low will reaffirm the case that rebound form 141.67 has completed, and bring retest of this low. On the upside, break of 149.35 will resume the rebound to 61.8% […]
01/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0642; (P) 1.0688; (R1) 1.0713; More… Intraday bias in EUR/USD remains mildly on the downside at this point. Recovery from 1.0601 could have completed at at 1.0752 already. Further fall would be seen for retesting 1.0601 first. Firm break there will resume larger fall and target 100% projection of 1.1138 to 1.0694 […]