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Daily Pivots: (S1) 0.8831; (P) 0.8851; (R1) 0.8882; More… Intraday bias in USD/CHF stays neutral and consolidations from 0.8776 could extend. Further decline is expected as long as 0.8923 resistance holds. On the downside, break of 0.8776 will resume the fall from 0.9223 to 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. However, break […]

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GBP/USD Daily Outlook

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EUR/AUD Daily Outlook

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21/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0920; (P) 1.0953; (R1) 1.0975; More… EUR/USD rebounds notably today but stays below 1.1008/1016 resistance zone. Intraday bias remains neutral first. Another retreat cannot be ruled out. But further rally is expected as long as 1.0722 support holds. On the upside, break of 1.1016 will resume the whole rise from 1.0447 to […]
08/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2773; (P) 1.2796; (R1) 1.2837; More… Rise from 1.2612 is in progress, and intraday bias in GBP/USD remains on the upside for 1.2859 resistance. Firm break there will resume the rally from 1.2298 and target 61.8% projection of 1.2298 to 1.2859 from 1.2612 at 1.2959. Decisive break there would prompt upside acceleration […]
07/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 198.63; (P) 199.28; (R1) 199.73; More…. Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Current development suggests that rise from 191.34 has completed at 200.72 after rejection by 200.53. On the downside, break of 197.18 will resume the fall to 155.02. Further break of 195.02 will target 191.34 support next. […]