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Daily Pivots: (S1) 1.2421; (P) 1.2460; (R1) 1.2484; More… Intraday bias in GBP/USD stays neutral first and more consolidations could be seen. But recovery recovery should be limited by 1.2577 minor resistance to bring another fall. On the downside, firm break of 1.2419 will resume the decline from 1.2892 to 100% projection of 1.2892 to […]

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GBP/USD Mid-Day Outlook

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GBP/JPY Daily Outlook

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10/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9011; (P) 0.9038; (R1) 0.9064; More…. Intraday bias in USD/CHF is back on the upside with break of 0.9094 resistance. Current rise is part of the whole rally from 0.8332. Next target is 161.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.8818. For now, near term outlook will stay bullish as […]
05/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6558; (P) 0.6589; (R1) 0.6618; More…. AUD/USD retreated higher hitting 0.6618 and intraday bias is turned neutral first. Rise from 0.6480 is seen as the third leg of the corrective pattern from 0.6442. Above 0.6618 will target 0.6633 resistance first. Break there will target 0.6666 and above. However, on the downside, sustained […]
09/09/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 141.42; (P) 142.66; (R1) 143.54; More… Intraday bias in USD/JPY is turned neutral with 4H MACD crossed above signal line. But further decline is expected as long as 147.20 resistance holds. Decisive break of 141.67 will resume whole decline from 161.95 high. Next target will be 140.25 support. In the bigger picture, […]