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Daily Pivots: (S1) 0.8770; (P) 0.8790; (R1) 0.8790; More… Intraday bias in USD/CHF remains on the upside for the moment. Current rally from 0.8374 is in progress for 61.8% retracement of 0.9223 to 0.8374 at 0.8899. Sustained trading above there will pave the way towards 0.9223 high. On the downside, below 0.8773 support will turn […]

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GBP/USD Daily Outlook

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30/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3133; (P) 1.3180; (R1) 1.3215; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.3265 is still expected. Downside of retreat should be contained well above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to 100% projection of 1.2298 to 1.3043 from […]
20/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 142.41; (P) 143.68; (R1) 145.12; More… Outlook in USD/JPY is unchanged and intraday bias stays neutral at this point. Upside of current recovery should be limited below 156.48 resistance to bring another decline. Firm break of 140.94 will resume the whole fall from 151.89. Next target will be next fibonacci level at […]
30/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2674; (P) 1.2697; (R1) 1.2731; More… GBP/USD is still bounded in range trading and intraday bias stays neutral at this point. Another fall cannot be ruled out, but downside should be contained above 1.2499 support to bring rebound. On the upside, firm break of 1.2784 resistance will suggest that consolidation pattern has […]