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Daily Pivots: (S1) 1.2597; (P) 1.2621; (R1) 1.2650; More… Intraday bias in GBP/USD stays on the upside for the moment. Current rise from 1.2036 should target 61.8% retracement of 1.3141 to 1.2036 at 1.2716. Upside could be capped there on first attempt, on loss of momentum as seen in 4H MACD. On the downside, below […]

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01/07/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 202.84; (P) 203.22; (R1) 203.86; More… GBP/JPY’s rally continues today and intraday bias stays on the upside. Next target is 100% projection of 191.34 to 200.72 from 197.18 at 206.56 next. On the downside, below 202.55 minor support will turn intraday bias neutral and bring consolidations. But outlook will remain bullish as […]
15/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.27; (P) 158.96; (R1) 159.37; More… Intraday bias in EUR/JPY remains neutral for the moment. Further rise is mildly in favor as long as 157.19 minor support holds. Firm break of 100% projection of 153.15 to 158.55 from 155.06 at 160.46 will pave the way to 161.8% projection at 163.79. However, break […]
24/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9128; (P) 0.9143; (R1) 0.9160; More…. Intraday bias in USD/CHF remains neutral first and further rise is in favor with 0.9077 minor support intact. On the upside, above 0.9157 will resume the rebound from 0.8987 to retest 0.9223 high. On the downside, break of 0.9077 support will bring retest of 0.8987. Break […]