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Daily Pivots: (S1) 0.8415; (P) 0.8445; (R1) 0.8486; More… No change in USD/CHF’s outlook as range trading continues. Intraday bias stays neutral and further decline is in favor with 0.8548 resistance intact. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down […]

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GBP/JPY Daily Outlook

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22/02/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.96; (P) 150.18; (R1) 150.50; More… Intraday bias in USD/JPY remains neutral as consolidation from 150.87 is extending. In case of another retreat, downside should be contained by 148.79 resistance turned support to bring another rally. Above 150.87 will resume the rise from 140.25 to 151.89/93 key resistance zone. Decisive break there […]
18/10/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8304; (P) 0.8339; (R1) 0.8359; More… EUR/GBP’s fall from 0.8433 extends lower today, but downside is still held above 0.8309 support. Intraday bias remains neutral first. On the downside, firm break of 0.8309 will resume larger down trend to 0.8201 key support next. However, decisive break of 38.2% retracement of 0.8624 to […]
26/03/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2602; (P) 1.2627; (R1) 1.2663; More… Intraday bias in GBP/USD remains neutral as consolidations from 1.2574 is extending. Risk will stay on the downside as long as 55 4H EMA (now at 1.6905) holds. Below 1.2574 will resume the fall from 1.2892 to 1.2517 structural support first. Decisive break there will suggest […]