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Daily Pivots: (S1) 0.8743; (P) 0.8781; (R1) 0.8825; More… Intraday bias in USD/CHF stays mildly on the upside at this point. Corrective pullback from 0.8956 could have completed at 0.8735, after drawing support from 55 D EMA (now at 0.8738). Further rise would be seen for retesting 0.8956 high. However, considering head and shoulder top […]

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GBP/USD Mid-Day Outlook

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GBP/USD Daily Outlook

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30/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 193.15; (P) 196.84; (R1) 200.07; More.. Intraday bias in GBP/JPY remains neutral as consolidations from 200.53 short term top continues. Outlook will remain bullish as long as 193.51 resistance turned support holds. Firm break of 200.53 will resume larger up trend. In the bigger picture, current rally is part of the up […]
05/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.56; (P) 164.24; (R1) 164.69; More… Intraday bias in EUR/JPY as turned neutral again as it retreated ahead of 165.33 resistance. Further rally will remain in favor as long as 162.59 support holds, in case of retreat. Break of 165.33 will resume larger up trend. In the bigger picture, current rally is […]
05/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.30; (P) 189.64; (R1) 190.32; More… Immediate focus is no won 188.23 support in GBP/JPY with current decline. Firm break there will indicate that rebound from 180.00 has completed at 193.45. Intraday bias will be turn back to the downside for retesting 180.00. Nevertheless, strong rebound from current level will keep the […]