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Daily Pivots: (S1) 1.3236; (P) 1.3279; (R1) 1.3347; More… Intraday bias in GBP/USD remains neutral at this point. Risk will stay mildly on the downside as long as 1.3442 short term top holds. Below 1.3211 will target 55 D EMA (now at 1.3058). However, sustained break of 1.3433/42 resistance zone will confirm larger up trend […]

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22/05/2025

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3371; (P) 1.3420; (R1) 1.3469; More… Intraday bias in GBP/USD is turned neutral first with current retreat. Further rally is expected as long as 1.333 support holds. Above 1.3468 will extend larger up trend to 61.8% projection of 1.2706 to 1.3442 from 1.3138 at 1.3593, and then 100% projection at 1.1.3874. However, […]
13/01/2025

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0201; (P) 1.0257; (R1) 1.0301; More… Intraday bias in EUR/USD remains on the downside for the moment. Current fall from 1.1213 should target 61.8% projection of 1.1213 to 1.0330 from 1.0629 at 1.0083. For now, outlook will stay bearish as long as 1.0435 resistance holds, in case of recovery. In the bigger […]
02/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 151.33; (P) 151.55; (R1) 151.88; More… Range trading continues in USD/JPY and intraday bias remains neutral. On the downside, break of 150.25 support should confirm short term topping, and turn bias back to the downside for 55 D EMA (now at 149.35). Nevertheless, sustained break of 151.93 key resistance will confirm long […]