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Daily Pivots: (S1) 187.39; (P) 187.96; (R1) 188.32; More… Intraday bias in GBP/JPY is turned neutral again with current retreat. Some more consolidations could be seen below 188.63 temporary top first. But near term outlook will stay bullish as long as 184.44 support holds. Break of 188.63 will resume larger up trend. In the bigger […]

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18/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3127; (P) 1.3178; (R1) 1.3211; More… Immediate focus is now on 1.3265 resistance as GBP/USD’s rise from 1.3000 extends today. Decisive break of 1.3265 will resume larger rally 1.3364 projection level next. On the downside, however, break of 1.3145 support will turn bias to the downside, to extend the corrective pattern from […]
22/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9440; (P) 0.9456; (R1) 0.9475; More… Intraday bias in EUR/CHF stays on the upside for the moment. Rebound from 0.9252 is seen as correcting whole down trend from 1.0095. Further rally should be seen to 38.2% retracement of 1.0095 to 0.9252 at 0.9574. On the downside, below 0.9404 minor support will turn […]
11/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8598; (P) 0.8609; (R1) 0.8623; More… Intraday bias in EUR/GBP remains neutral for the moment. Further decline is in favor with 0.8638 minor resistance intact. On the downside, break of 0.8585 will resume the fall from 0.8713 to 0.8548 support first. Break there will target 0.8491 low next. However, break of 0.8638 […]