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Daily Pivots: (S1) 1.2498; (P) 1.2530; (R1) 1.2559; More… Intraday bias in GBP/USD remains neutral as consolidations continue above 1.2474 temporary low. While another recovery cannot be ruled out, outlook will stay bearish as long as 1.2810 resistance holds. On the downside, break of 1.2474 will resume the fall from 1.3433 to 1.2298 cluster support […]

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17/12/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 153.50; (P) 153.99; (R1) 154.65; More… USD/JPY’s rebound from 148.64 is still in progress and intraday bias stays on the upside for retesting 156.74 high. Firm break there will resume whole rally from 139.57, and target 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 next. On the downside, below 152.84 […]
17/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3150; (P) 1.3185; (R1) 1.3251; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. 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 […]
11/07/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2800; (P) 1.2825; (R1) 1.2872; More… GBP/USD’s rally continues today and intraday bias stays on the upside for 61.8% projection of 1.2298 to 1.2859 from 1.2612 at 1.2959. Decisive break there would prompt upside acceleration through 1.3141 to 100% projection at 1.3173. On the downside, below 1.2845 resistance turned support will turn […]