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Daily Pivots: (S1) 0.8652; (P) 0.8664; (R1) 0.8679; More… Intraday bias in USD/CHF stays mildly on the upside with 0.8469 minor support intact. Decisive break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall from 0.9223 has completed after defending 0.8332 low. Further rally should then be seen to 61.8% retracement […]

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EUR/USD Mid-Day Outlook

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EUR/USD Daily Outlook

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07/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8546; (P) 0.8555; (R1) 0.8568; More… Intraday bias in EUR/GBP remains neutral for the moment. Considering bullish convergence condition in D MACD, decisive break of 0.8577 and 55 D EMA (now at 0.8572) will argue that fall from 0.8764 has completed. Intraday bias will be back on the upside for rebound towards […]
07/11/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.37; (P) 153.54; (R1) 155.78; More… Intraday bias in USD/JPY is turned neutral with current retreat and some more consolidations would be seen first. Further rally is expected as long as 151.27 support holds. On the upside, break of 154.70 will resume the rally from 139.57 to 61.8% projection of 141.63 to […]
05/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3108; (P) 1.3141; (R1) 1.3183; More… GBP/USD is still bounded in consolidation from 1.3265 and intraday bias remains neutral at this point. While deeper retreat cannot be ruled out, downside should be contained above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to […]