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Daily Pivots: (S1) 1.0810; (P) 1.0843; (R1) 1.0905; More… EUR/USD falls sharply in early US session but stays above 1.0779 temporary low. Intraday bias remains neutral first. On the downside, below 1.0779 will resume the fall from 1.1138. But considering bullish convergence condition in 4H MACD, strong support could be seen from 1.0722 to bring […]

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GBP/USD Daily Outlook

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GBP/USD Mid-Day Outlook

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02/02/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2646; (P) 1.2699; (R1) 1.2739; More… No change in GBP/USD’s outlook and intraday bias remains neutral. Consolidation from 1.2826 is extending and deeper fall cannot be ruled out. But downside should be contained above 1.2499 support to bring rebound. On the upside, firm break of 1.2774 resistance will suggest that consolidation pattern […]
17/12/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6350; (P) 0.6366; (R1) 0.6388; More… AUD/USD is staying in range above 0.6336 temporary low and intraday bias stays neutral. More consolidations would be seen and another recovery cannot be ruled out. But outlook will stay bearish as long as 55 D EMA (now at 0.6533) holds. Below 0.6336 will resume the […]
20/11/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.35; (P) 195.37; (R1) 197.16; More… GBP/JPY’s strong rebound an break of 196.13 minor resistance suggests that pull back from 199.79 has already completed. The development also revive near term bullishness. Intraday bias is back on the upside for retesting 199.79 resistance first. Firm break there will rebound whole rebound from 180.00. […]