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Daily Pivots: (S1) 0.8941; (P) 0.8987; (R1) 0.9013; More… Intraday bias in USD/CHF is back on the downside as fall resumes through 0.8911 support. Immediate focus is now on 38.2% retracement of 0.8374 to 0.9200 at 0.8884 Strong rebound from current level, followed by break of 0.9035 resistance, will retain near term bullishness, and bring […]

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GBP/USD Mid-Day Outlook

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GBP/USD Daily Outlook

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12/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2529; (P) 1.2560; (R1) 1.2587; More… Intraday bias in GBP/USD is turned neutral with a temporary low formed at 1.2501. But further decline remains mildly in favor with 1.2611 minor resistance intact. Below 1.2501 will resume the fall from 1.2731 short term top to to 55 D EMA (now at 1.2450). Sustained […]
17/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 154.18; (P) 154.48; (R1) 155.04; More… Intraday bias stays mildly on the upside with 153.89 minor support intact. USD/JPY is still in favor to rise towards 155.20 fibonacci projection level. But upside could be limited there, at least on first attempt, to bring pull back. On the downside, below 153.89 will turn […]
02/02/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8515; (P) 0.8537; (R1) 0.8553; More… EUR/GBP is staying in tight range above 0.8512 and intraday bias remains neutral. On the downside, below 0.8521 will resume the fall from 0.8764 to retest 0.8491. Break there will extend larger down trend to 0.8464 projection level. On the upside, above 0.8566 minor resistance will […]