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Daily Pivots: (S1) 1.2309; (P) 1.2425; (R1) 1.2497; More… Intraday bias in GBP/USD remains on the downside as fall from 1.3433 is in progress for 1.2256/98 cluster support zone. Strong support is expected there to contain downside to bring rebound, at least on first attempt. On the upside, break of 1.2474 support turned resistance will […]

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28/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0780; (P) 1.0809; (R1) 1.0826; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen above 1.0760 temporary low. Further decline is expected as long as 1.0871 resistance holds. Below 1.0760 will target 61.8% retracement of 1.0447 to 1.1213 at 1.0740. Firm break there will target 1.0601 support next. […]
14/01/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 156.94; (P) 157.46; (R1) 157.99; More… No change in USD/JPY’s outlook as sideway trading continues. Intraday bias remains neutral for now. Further rally is in favor as long as 156.0 support holds. On the upside, decisive break of 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 will extend the rally […]
18/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6715; (P) 0.6735; (R1) 0.6749; More… Intraday bias in AUD/USD remains neutral for the moment. Further rally is expected as long as 0.6709 minor support holds. On the upside, above 0.6798 will resume the rally from 0.6361 and target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837. Decisive break there […]