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Daily Pivots: (S1) 0.9011; (P) 0.9038; (R1) 0.9064; More…. Intraday bias in USD/CHF remains neutral and consolidation from 0.9094 is extending. Deeper decline cannot be ruled out, but outlook will stay bullish as long as 0.8884 resistance turned support holds. On the upside, break of 0.9094 will resume larger rise from 0.8332 to 0.9243 key […]

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22/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0870; (P) 1.0889; (R1) 1.0903; More…. Intraday bias in EUR/USD stays neutral and further rise is in favor as long as 1.0871 minor support holds. Break of 1.0947 will target 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0979. However, firm break of 1.0871 will turn bias to the downside for […]
02/02/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 185.74; (P) 186.68; (R1) 187.39; More… GBP/JPY’s break of 186.14 minor support confirms short term topping at 188.90. Intraday bias is back on the downside for deeper pull back to 55 D EMA (now at 184.89) and possibly below. On the upside, break of 187.60 minor resistance will argue that the pull […]
09/04/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2624; (P) 1.2644; (R1) 1.2675; More… Intraday bias in GBP/USD is back on the upside with break of 1.2682. Rebound from 1.2538 would target 1.2802 resistance first. On the downside, though, below 1.2648 minor support will turn intraday bias neutral again. In the bigger picture, price actions from 1.3141 medium term top […]