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Daily Pivots: (S1) 1.2582; (P) 1.2646; (R1) 1.2689; More… GBP/USD is staying in consolidation from 1.2731 and intraday bias remains neutral at this point. For now, further rally is in favor as long as 1.2426 resistance turned support holds. On the upside, sustained trading above 61.8% retracement of 1.3141 to 1.2036 at 1.2716 will pave […]

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18/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6177; (P) 1.6303; (R1) 1.6383; More.. Range trading continues in EUR/AUD above 1.6206 and intraday bias stays neutral for the moment. Outlook remains bearish as long as 1.6478 resistance holds. On the downside, firm break of 1.6206 will resume whole fall from 1.7062. Next target is 100% projection of 1.7062 to 1.6319 […]
20/12/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8573; (P) 0.8630; (R1) 0.8667; More…. Intraday bias in USD/CHF remains on the downside for the moment. Current fall from 0.9243 should target 0.8551 key support next. On the upside, above 0.8710 minor resistance will turn intraday bias neutral again first. But outlook will remain bearish as long as 0.8819 resistance holds. […]
16/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2610; (P) 1.2648; (R1) 1.2725; More… Intraday bias in GBP/USD remains on the upside for the moment. Rise from 1.2298 is in progress. Firm break of 1.2780 will pave the way to 1.2892 resistance next. On the downside, below 1.2624 minor support will turn intraday bias neutral first. But further rally will […]