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Daily Pivots: (S1) 1.2642; (P) 1.2723; (R1) 1.2772; More… Intraday bias in GBP/USD remains on the upside at this point. Fall from 1.3043 is in progress for 1.2612 support. Decisive break there should confirm that rise from 1.2298 has completed, and target this support next. For now, risk will remain on the downside as long […]

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21/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 143.18; (P) 143.64; (R1) 144.02; More… USD/JPY’s fall from 144.94 extends lower today but it’s staying above 140.94 support so far. Intraday bias remains neutral and more range trading could still be seen. But outlook will stay bearish as long as 146.58 resistance holds. Firm break of 140.94 will resume the whole […]
26/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8450; (P) 0.8472; (R1) 0.8491; More…. EUR/GBP’s fall from 0.8624 is in progress and intraday bias stays on the downside. for retesting 0.8382 low. Decisive break there will resume larger down trend. On the upside, above 0.8507 support turned resistance will turn intraday bias neutral first.8507 support turned resistance will turn intraday […]
21/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8846; (P) 0.8882; (R1) 0.8905; More…. Intraday bias in USD/CHF is turned neutral first with current retreat. Some consolidations would be seen, but further rally is expected as long as 0.8728 support holds. On the upside, above 0.8917 will target 61.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.8934. Firm break […]