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Daily Pivots: (S1) 1.2611; (P) 1.2639; (R1) 1.2657; More… Intraday bias in GBP/USD remains neutral for the moment. More consolidations could be seen above 1.2574. But risk will stay on the downside as long as 55 4H EMA (now at 1.2677) holds. Below 1.2574 will resume the fall from 1.2892 to 1.2517 structural support first. […]

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07/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6452; (P) 1.6516; (R1) 1.6552; More… Intraday bias in EUR/AUD stays neutral as sideway trading continues. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for confirmation. Nevertheless, […]
26/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8567; (P) 0.8576; (R1) 0.8586; More… Intraday bias in EUR/GBP is turned neutral with current retreat. But further rise will remain in favor as long as 0.8529 minor support holds. Rebound from 0.8497 is seen as at least correcting the fall from 0.8764. Above 0.8601 will target 161.8% projection of 0.8497 to […]
12/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2993; (P) 1.3052; (R1) 1.3103; More… The break of 1.3043 resistance turned support confirms short term topping at 1.3265. Intraday bias in GBP/USD is now on the downside for 55 D EMA (now at 1.2949). Sustained break there will bring deeper fall to 1.2664 key support. On the upside, above 1.3111 minor […]