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Daily Pivots: (S1) 1.2653; (P) 1.2724; (R1) 1.2835; More… Intraday bias in GBP/USD is turned neutral with current retreat. Some consolidations would be seen but outlook will stay bullish as long as 1.2499 support holds. On the upside, break of 1.2793 will resume the rally from 1.2036. Next target is 61.8% projection of 1.2068 to […]

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EUR/USD Mid-Day Outlook

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22/12/2024

EUR/JPY Weekly Outlook

EUR/JPY’s rally from 156.16 extended higher last week. The development is in line with the case that corrective pattern from 154.04 is extending with another rising leg. Initial bias stays on the upside for 166.67 resistance next. For now, risk will stay on the upside as long as 159.79 support holds, in case of retreat. […]
15/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.05; (P) 188.74; (R1) 189.62; More… Intraday bias in GBP/JPY stays neutral and outlook remains bearish with 38.2% retracement of 208.09 to 180.00 at 190.73 intact. On the downside, below 186.46 minor support will turn intraday bias back to the downside for retesting 180.00 low. Break there will resume the fall from […]
07/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9043; (P) 0.9056; (R1) 0.9076; More…. Intraday bias in USD/CHF is turned neutral with current recovery and some consolidations could be seen. But risk will remain on the downside as long as 0.9223 resistance holds. Sustained break of 55 D EMA (now at 0.8996) will bring deeper fall to 38.2% retracement of […]