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Daily Pivots: (S1) 1.0305; (P) 1.0346; (R1) 1.0421; More… While EUR/USD’s recovery from 1.0210 continues today, upside is still limited below 1.0531 resistance. Intraday bias remains neutral and further decline is expected. On the downside, break of 1.0176 will resume whole fall from 1.1213. However, sustained break of 1.0531 will rise the chance of bullish […]

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GBP/USD Daily Outlook

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14/02/2025

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8306; (P) 0.8336; (R1) 0.8358; More… Intraday bias in EUR/GBP remains neutral and near term outlook stays mixed. On the upside, above 0.8376 minor resistance will bring stronger rally towards 0.8472. However, on the downside, break of 0.8290 will resume the fall from 08472 to retest 0.8221 low. In the bigger picture, […]
13/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.47; (P) 160.79; (R1) 161.19; More… Intraday bias in EUR/JPY stays on the upside despite loss of momentum. Firm break of 161.84 will confirm resumption of whole rise from 153.15. Next target is a retest on 164.29 high. On the downside, below 160.36 minor support will turn intraday bias neutral first. But […]
25/11/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 153.82; (P) 154.64; (R1) 155.36; More… Intraday bias in USD/JPY remains neutral as consolidations continue below 156.74. On the downside, break of 153.27 will bring deeper correction to 38.2% retracement of 139.57 to 156.74 at 150.18. Meanwhile, on the upside, firm break of 156.74 will resume the rally from 139.57 towards 161.95 […]