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Daily Pivots: (S1) 1.2599; (P) 1.2671; (R1) 1.2724; More… Outlook in GBP/USD is unchanged and intraday bias remains neutral for the moment. While another rise cannot be ruled out, outlook will stay bearish as long as 55 D EMA (now at 1.2858) holds. Below 1.2615 minor support will turn intraday bias back to the downside […]

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GBP/JPY Daily Outlook

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05/12/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6390; (P) 0.6439; (R1) 0.6479; More… Intraday bias in AUD/USD remains on the downside for the moment. Fall from 0.6941 is in progress for 0.6348 support. Break there will target 0.6269 low next. On the upside, above 0.6503 minor resistance will turn intraday bias neutral again first. In the bigger picture, rise […]
02/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.85; (P) 191.45; (R1) 192.40; More… Breach of 191.99 resistance suggests that GBP/JPY’s rebound from 180.00 is resuming. Intraday bias is mildly on the upside for 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, however, firm break of 188.23 […]
19/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9525; (P) 0.9552; (R1) 0.9578; More…. Intraday bias in EUR/CHF remains neutral for consolidations below 0.9579 temporary top. Further rally is expected as long as 0.9448 support holds. Sustained break of 55 D EMA (now at 0.9590) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive break of 0.9448 will […]