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Daily Pivots: (S1) 198.80; (P)199.63; (R1) 200.50; More… Intraday bias in USD/JPY remains neutral at this point. Firm break of 199.00 support will suggest short term topping, on bearish divergence condition in 4H MACD. Rise from 191.34, as the second leg of the corrective pattern from 200.53, might have completed too. Deeper fall should then […]

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17/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3150; (P) 1.3185; (R1) 1.3251; More… Intraday bias in GBP/USD stays 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. […]
18/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6177; (P) 1.6303; (R1) 1.6383; More.. Range trading continues in EUR/AUD above 1.6206 and intraday bias stays neutral for the moment. Outlook remains bearish as long as 1.6478 resistance holds. On the downside, firm break of 1.6206 will resume whole fall from 1.7062. Next target is 100% projection of 1.7062 to 1.6319 […]
11/06/2024

EUR/GBP Mid-Day Outlook

Daily Pivots: (S1) 0.8440; (P) 0.8456; (R1) 0.8472; More… EUR/GBP’s decline continues to as low as 0.8418 so far. Intraday bias remains on the downside for 0.8376 projection level next. On the upside, above 0.8446 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another decline. In the bigger picture, down […]