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Daily Pivots: (S1) 1.2618; (P) 1.2666; (R1) 1.2702; More… GBP/USD is staying in consolidation above 1.2596 temporary low and intraday bias remains neutral. Outlook stays bearish with 1.2842 support turned resistance intact. On the downside, break of 1.2596 will resume the fall from 1.3433 to 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456. […]

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04/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9550; (P) 0.9578; (R1) 0.9603; More… Intraday bias in EUR/CHF remains on the upside at this point. Current rise from 0.9252 is in progress for 161.8% projection of 0.9252 to 0.9471 from 0.9304 at 0.9658 next. For now, further rally is expected as long as 0.9510 support holds, in case of retreat. […]
06/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 154.80; (P) 157.51; (R1) 160.60; More… EUR/JPY recovered after diving to 154.40 and intraday bias is turned neutral first. Some consolidations would be seen but upside should be limited by 162.87 resistance to bring another fall. Break of 154.40 will resume the decline from 175.41 to 153.15 support next. In the bigger […]
20/02/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.88; (P) 189.17; (R1) 189.44; More… GBP/JPY is still extending range trading below 190.05 and intraday bias remains neutral. Further rally is expected with 187.83 minor support intact. Break of 190.05 will target 61.8% projection of 178.71 to 188.90 from 185.21 at 191.50. However, break of 187.83 will turn bias to the […]