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Daily Pivots: (S1) 1.2623; (P) 1.2674; (R1) 1.2719; More… No change in GBP/USD’s outlook and intraday bias stays on the downside. CUrrent fall from 1.3433 should target 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456. On the upside, above 1.2768 minor resistance will turn intraday bias neutral first. But outlook will stay bearish […]

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USD/CHF Mid-Day Outlook

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EUR/GBP Weekly Outlook

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01/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9607; (P) 0.9624; (R1) 0.9644; More…. Immediate focus is now on 0.9683 as EUR/CHF extended the rebound from 0.9476. Decisive break there will argue that Fall from 0.9928 has completed, probably as a correction. Intraday bias will be back on the upside for retesting 0.9928 resistance. Nevertheless, rejection by 0.9683 will maintain […]
02/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3091; (P) 1.3145; (R1) 1.3181; More… GBP/USD is staying in consolidation below 1.3265 and intraday bias remains neutral. While deeper retreat cannot be ruled out, downside should be contained well above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to 100% projection of […]
24/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3762; (P) 1.3774; (R1) 1.3797; More… USD/CAD’s break of 1.3790 resistance strengthens the case that consolidation from 1.3845 has completed at 1.3588. Intraday bias remains on the upside for retesting 1.3845 high next. Firm break there will resume whole rally from 1.3176 to 61.8% projection of 1.3176 to 1.3845 from 1.3588 at […]