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Daily Pivots: (S1) 1.2679; (P) 1.2711; (R1) 1.2740; More… Range trading continues in GBP/USD and intraday bias remains neutral. Deeper pull back cannot be ruled out. But downside should be contained above 1.2499 support to bring rebound. On the upside, firm break of 1.2784 resistance will suggest that consolidation pattern has completed. Further rise should […]

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GBP/JPY Daily Outlook

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28/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1160; (P) 1.1175; (R1) 1.1200; More…. EUR/USD is staying in consolidation from 1.1200 and intraday bias remains neutral for the moment. Downside of retreat should be contained above 1.0007 resistance turned support to bring another rally. Above 1.1200 will resume recent rally to 161.8% projection of 1.0665 to 1.0947 from 1.0776 at […]
26/07/2024

USD/CAD Daily Outlook

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02/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 160.90; (P) 161.31; (R1) 161.89; More… Intraday bias in USD/JPY remains on the upside at this point. Current up trend should target 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. On the downside, below 160.25 minor support will turn intraday bias neutral and bring consolidations again, before staging another rally. […]