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Daily Pivots: (S1) 1.2673; (P) 1.2727; (R1) 1.2754; More… GBP/USD is staying in range of 1.2670/2799 and intraday bias remains neutral. Some more consolidations could be seen but further rise is expected as long as 1.2670 support holds. Above 1.2799 will resume the rally from 1.2298 and target 1.2892 resistance. However, break of 1.2670 will […]

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10/09/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8449; (P) 0.8472; (R1) 0.8517; More… No change in USD/CHF’s outlook and intraday bias stays neutral. With 0.8356 resistance intact, further decline is expected. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, considering bullish […]
27/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 156.71; (P) 157.04; (R1) 157.54; More.. Intraday bias in EUR/JPY stays neutral for the moment and outlook is unchanged. On the upside, above 158.55 will resume the rebound from 153.15 through 55 D EMA (now at 158.68). On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement […]
10/08/2024

EUR/USD Weekly Outlook

EUR/USD retreated after initial rise to 1.1007 last week and turned into consolidations. Initial bias stays neutral this week first. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. On the upside, above 1.0944 minor resistance will bring retest of 1.1007 first. Further break there will resume rally from […]