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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. […]

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24/11/2024

AUD/USD Weekly Report

AUD/USD stayed in consolidation above 0.6440 last week and outlook is unchanged. Initial bias remains neutral this week for some more consolidations. But further decline is expected as long as 0.6687 resistance holds. On the downside, decisive break of 61.8% projection of 0.6941 to 0.6511 from 0.6687 at 0.6421 will resume the fall from 0.6941 […]
10/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8555; (P) 0.8570; (R1) 0.8578; More… Intraday bias in EUR/GBP stays neutral as range trading continues. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has completed at 0.8601. Intraday bias will be back on the downside for retesting 0.8497 low next. On the upside, […]
17/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 167.83; (P) 168.37; (R1) 169.41; More… Intraday bias in EUR/JPY remains neutral at this point. On the upside, break of 169.38 will resume the rebound from 162.26. As the second leg of the corrective pattern from 171.58, this rise should target 171.58 next. On the downside, break of 166.73 support will argue […]