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Daily Pivots: (S1) 1.3278; (P) 1.3318; (R1) 1.3389; More… Intraday bias in GBP/USD stays on the upside. Decisive break of 61.8% projection of 1.2664 to 1.3265 from 1.3000 at 1.3371 will pave the way to 100% projection at 1.3601 next. On the downside, below 1.3247 minor support will turn intraday bias neutral and bring consolidations […]

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03/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 154.84; (P) 155.59; (R1) 156.11; More… Intraday bias in EUR/JPY remains neutral as range trading continues. On the upside, above 158.55 will resume the corrective rebound from 153.15. On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In the bigger […]
14/11/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6462; (P) 0.6504; (R1) 0.6528; More… AUD/USD’s fall from 0.6941 resumed by breaking through 0.6511 support and intraday bias is back on the downside. Further decline should now be seen to 0.6269/6348 support zone next. For now, near term outlook will stay bearish as long as 0.6687 resistance holds, in case of […]
01/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8609; (P) 0.8630; (R1) 0.8645; More…. Intraday bias in EUR/GBP remains on the downside at this point. As noted before, corrective rebound from 0.8491 could have completed at 0.8764 already. Decisive break of 0.8614 support will target a retest on 0.8491 low. On the upside, above 0.8661 minor resistance will turn intraday […]