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Daily Pivots: (S1) 1.2950; (P) 1.3018; (R1) 1.3060; More… Intraday bias in GBP/USD remains on the downside and outlook is unchanged. Sustained trading below 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) will argue that whole rise from 1.2298 has completed and bring deeper fall to 61.8% retracement at 1.2732. Nevertheless, strong […]

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12/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0936; (P) 1.0967; (R1) 1.1005; More… Range trading continues in EUR/USD and intraday bias remains neutral. On the downside break of 1.0876 will resume the fall from 1.1138 short term top to 1.0722 support next. However, break of 1.0997 will turn bias back to the upside for retesting 1.1138 high instead. In […]
09/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6631; (P) 0.6699; (R1) 0.6738; More… Intraday bias in AUD/USD remains mildly on the downside at this point. Fall from 0.6823 short term top would target 38.2% retracement of 0.6348 to 0.6823 at 0.6642. Break will target 61.8% retracement at 0.6529. On the upside, though, above 0.6766 resistance will bring retest of […]
22/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 141.57; (P) 142.60; (R1) 143.14; More… Intraday bias in USD/JPY remains neutral as consolidation from 140.94 is extending. But outlook will stay bearish as long as 146.58 resistance holds. Firm break of 140.94 will resume the whole fall from 151.89. Next target will be next fibonacci level at 136.63. In the bigger […]