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Daily Pivots: (S1) 1.2711; (P) 1.2742; (R1) 1.2795; More… No change in GBP/USD’s outlook as range trading continues below 1.2826. On the upside, decisive break of 1.2826 high will resume whole rally from 1.2036. Nevertheless, break of 1.2611 will bring deeper correction to 1.2499 support instead. In the bigger picture, price actions from 1.3141 medium […]

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EUR/USD Mid-Day Outlook

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EUR/GBP Weekly Outlook

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25/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2647; (P) 1.2672; (R1) 1.2712; More… Intraday bias in GBP/USD remains neutral for the moment. Further decline is expected as long as 1.2739 resistance holds. Break of 1.2622, and sustained trading below 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. However, firm […]
25/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.20; (P) 160.15; (R1) 161.07; More…. Intraday bias in EUR/JPY remains neutral and some consolidations could be seen below 161.17 temporary top. But further rally is expected as long as 155.14 support holds. Above 161.17 will resume the rise from 155.14, as the third leg of the corrective pattern from 154.40, to […]
19/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6687; (P) 0.6711; (R1) 0.6731; More… Intraday bias in AUD/USD is turned neutral with current retreat and some consolidations could be seen first. But further rally is expected as long as 0.6539 support holds. As noted before, fall from 0.7156 could have completed with three waves down to 0.6269. Above 0.6734 will […]