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Daily Pivots: (S1) 1.2513; (P) 1.2578; (R1) 1.2617; More… GBP/USD’s decline is still in progress and intraday bias stays on the downside for 1.2517 structural support. Decisive break there will suggest that rise from 1.2036 has completed at 1.2892 already, and turn near term outlook bearish. For now, risk will stay on the downside as […]

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GBP/USD Daily Outlook

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16/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9737; (P) 0.9756; (R1) 0.9777; More…. EUR/CHF’s rise from 0.9476 is in progress and further rally is expected with 0.9677 support holds, to retest 0.9928 high. On the downside, however, break of 0.9677 will turn bias to the downside for deeper pullback. In the bigger picture, rebound from 0.9252 medium term bottom […]
11/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6037; (P) 1.6050; (R1) 1.6067; More… EUR/AUD is staying in range above 1.5996 and intraday bias remains neutral. More consolidations could be seen but outlook will remain bearish as long as 1.6211 support turned resistance holds. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 […]
29/11/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.91; (P) 187.39; (R1) 187.73; More… Intraday bias in GBP/JPY remains neutral for the moment, and some more consolidations could be seen below 188.63. While deeper retreat cannot be ruled out, near term outlook will stay bullish as long as 184.44 support holds. On the upside, break of 188.63 will resume larger […]