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Daily Pivots: (S1) 0.8302; (P) 0.8319; (R1) 0.8343; More… Intraday bias in EUR/GBP remains on the downside for the moment. Current down trend is in progress for 0.8201 key support next. Strong support could be seen from there to bring rebound. But for now, break of 0.8433 resistance is needed to indicate short term bottoming. […]

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25/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0812; (P) 1.0864; (R1) 1.0906; More… Intraday bias in EUR/USD is turned neutral with current recovery. On the upside, firm break of 1.0915 minor resistance will indicate short term bottom at 1.0821, on bullish convergence condition in 4H MACD. Intraday bias will be back on the upside for stronger rebound towards 1.1138 […]
01/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.33; (P) 191.33; (R1) 193.09; More… Intraday bias in GBP/JPY is turned neutral first with current recovery. Outlook is unchanged that corrective rebound from 180.00 might have completed with three waves up to 195.95. Risk will stay on the downside as long as 195.95 resistance holds. Below 189.54 will target 183.70 support. […]
24/08/2024

EUR/CHF Weekly Outlook

EUR/CHF’s retreat from 0.9579 extended lower last week but recovered slightly ahead of 0.9448 support. Initial bias remains neutral this week first, and further rally is in favor. On the upside, sustained break of 55 D EMA (now at 0.9576) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive break of 0.9448 will […]