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Daily Pivots: (S1) 1.3051; (P) 1.3079; (R1) 1.3109; More… Intraday bias in GBP/USD remains neutral as range trading continues below 1.3265. Further rise is expected with 1.3043 resistance turned support intact. On the upside, firm break of 1.3265 will resume larger up trend to 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. However, […]

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GBP/JPY Daily Outlook

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07/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0903; (P) 1.0933; (R1) 1.0962; More….. Intraday bias in EUR/USD stays neutral and more consolidations would be seen below 1.1007. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. On the upside, break of 1.1007 will resume recent rally from 1.0665 to 100% projection of 1.0665 […]
22/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 144.19; (P) 145.55; (R1) 146.63; More… USD/JPY’s fall from 149.35 is still in progress despite weak momentum. Intraday bias stays on the downside for retesting 141.67 low. Firm break there will resume the whole fall from 161.94 to 139.26 fibonacci level next. For now, risk will stay on the downside as long […]
20/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9848; (P) 0.9866; (R1) 0.9901; More…. Intraday bias in EUR/CHF remains on the upside for 61.8% projection of 0.9304 to 0.9847 from 0.9563 at 0.9899. Decisive break there could prompt upside acceleration to 100% projection at 1.0106, which is slightly above 1.0095 key structural resistance. On the downside, below 0.9851 minor support […]