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Daily Pivots: (S1) 146.63; (P) 147.54; (R1) 148.44; More… USD/JPY is still extending the consolidation from 148.79 and intraday bias remains neutral for the moment. Still, as long as 145.97 support holds, further rally is in favor. Corrective fall from 151.89 should have completed at 140.25 already. Break of 148.79 will resume the rise from […]

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21/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0920; (P) 1.0953; (R1) 1.0975; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.1008 is still extending. 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 retest 1.1274 high. In the bigger picture, price actions […]
16/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2811; (P) 1.2841; (R1) 1.2884; More… GBP/USD’s rise from 1.2664 resumed after brief consolidations and intraday bias is back on the upside. As noted before, pullback from 1.3043 could have completed at 1.2664 already. Further rally should be seen to retest this resistance next. On the downside, however, break of 1.2798 support […]
10/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3046; (P) 1.3095; (R1) 1.3121; More… No change in GBP/USD’s outlook and intraday bias remains neutral. Further rise is expected with 1.3043 resistance turned support intact. 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 at 1.3409. However, firm break […]