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Daily Pivots: (S1) 0.8821; (P) 0.8851; (R1) 0.8874; More… USD/CHF is still bounded in consolidations below 0.8956 and intraday bias remains neutral. Further rise is expected with 0.8800 support intact. On the upside, break of 0.8956 will resume the rally from 0.8374, and target 0.9223 key resistance next. However, firm break of 0.8800 will confirm […]

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EUR/USD Daily Outlook

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GBP/JPY Daily Outlook

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09/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3078; (P) 1.3158; (R1) 1.3207; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.3265 is still extending. Outlook will stay bullish as long as 1.3043 resistance turned support holds. On the upside, firm break of 1.3265 will resume larger up trend to 100% projection of 1.2298 to 1.3043 from 1.2664 […]
11/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6588; (P) 0.6599; (R1) 0.6623; More… Intraday bias in AUD/USD remains neutral at this point. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance next. However, sustained break of 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) will dampen this bullish view, […]
21/07/2024

EUR/GBP Weekly Outlook

EUR/GBP recovered after edging lower to 0.8382 last week. With break of 55 4H EMA (now at 0.8421), initial bias is mildly on the upside for stronger rebound to 55 D EMA (now at 0.8477). Nevertheless, outlook will stay bearish as long as 0.8498 resistance holds, and larger down trend should resume through 0.8382 at […]