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Daily Pivots: (S1) 1.3202; (P) 1.3259; (R1) 1.3363; More… Intraday bias in GBP/USD remains neutral first. On the upside, break of 1.3221 resistance will indicate that pullback from 1.3442 has completed. Retest of 1.3433/42 resistance zone should be seen next. Firm break there will resume larger up trend. On the downside, below 1.3138 will resume […]

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21/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8628; (P) 0.8648; (R1) 0.8679; More…. Intraday bias in EUR/GBP remains on the upside at this point. Rebound from 0.8548 would target 0.8764 key resistance next. On the downside, however, break of 0.8597 will turn bias back to the downside for 0.8548 support instead. In the bigger picture, current development suggests that […]
23/04/2025

AUD/USD Daily Report

Daily Pivots: (S1) 0.6338; (P) 0.6389; (R1) 0.6416; More… Intraday bias in AUD/USD is turned neutral first with breach of 0.6366 minor support. Some consolidations would be seen but further rally is expected as long as 55 D EMA (now at 0.6296) holds. Above 0.6438 temporary top will resume the rebound from 0.5913 to 61.8% […]
20/05/2025

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1180; (P) 1.1234; (R1) 1.1296; More… Range trading continues in EUR/USD and intraday bias remains neutral. On the upside, decisive break of 1.1292 resistance should indicate that correction from 1.1572 has already completed after defending 38.2% retracement of 1.0176 to 1.1572 at 1.1039. Intraday bias will be turned back to the upside […]