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Daily Pivots: (S1) 1.2731; (P) 1.2753; (R1) 1.2779; More… Range trading continues in GBP/USD and intraday bias stays neutral. Another fall is in favor as long as 1.2839 resistance holds. Below 1.2664 will target 1.2612 support. Decisive break there should confirm that rise from 1.2298 has completed, and target this support next. However, break of […]

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GBP/USD Daily Outlook

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03/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0901; (P) 1.0978; (R1) 1.1019; More… Intraday bias in EUR/USD remains neutral as 1.0929 support stays intact. On the upside, break of 1.1138 will resume the rise from 1.0447 to retest 1.1274 high. Meanwhile, break of 1.0929 will indicate short term topping and turn bias back to the downside for 1.0772 support. […]
10/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9754; (P) 0.9764; (R1) 0.9778; More… Intraday bias in EUR/CHF remains neutral and outlook is unchanged. Fall from 0.9835 is seen as the third leg of the corrective pattern from 0.9847. Risk will stay on the downside as 0.9835 resistance holds. Below 0.9278 will turn bias back to the downside for 0.9563 […]
04/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0838; (P) 1.0875; (R1) 1.0922; More… EUR/USD’s fall from 1.1016 is in progress and intraday bias remains on the downside. Deeper decline would be seen to 55 D EMA (now at 1.0766). On the upside, above 1.0912 minor resistance will turn intraday bias neutral again first. Further break of 1.1016 will resume […]