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Daily Pivots: (S1) 188.59; (P) 188.92; (R1) 189.33; More… Range trading continues in GBP/JPY and intraday bias stays neutral. Risk will remain on the downside as long as 190.06 resistance holds. Below 184.35 will target 180.00 low. Nevertheless, break of 190.06 will turn bias back to the upside for stronger rebound. In the bigger picture, […]

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EUR/GBP Daily Outlook

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24/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2686; (P) 1.2710; (R1) 1.2732; More… No change in GBP/USD’s outlook as it’s still bounded in consolidation from 1.2826. Intraday bias stays neutral at this point. On the downside, break of 1.2595 support will bring deeper correction to 1.2499 support. On the upside, however, firm break of 1.2784 resistance will suggest that […]
18/12/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0469; (P) 1.0501; (R1) 1.0524; More… No change in EUR/USD’s outlook as sideway trading continues in tight range. Intraday bias stays neutral at this point. Corrective pattern from 1.0330 might extend further. But outlook will stay bearish as long as 55 D EMA (now at 1.0668) holds. On the downside, below 1.0452 […]
08/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6107; (P) 1.6227; (R1) 1.6291; More… EUR/AUD’s fall from 1.6598 is in progress and intraday bias stays on the downside. Break of 1.6132 will target 1.5996 key support again. Strong support could be seen there to bring rebound. ON the upside, above 1.6356 minor resistance will turn intraday bias neutral again first. […]