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Daily Pivots: (S1) 1.3431; (P) 1.3471; (R1) 1.3494; More… Range trading continues in GBP/USD and intraday bias remains neutral. Further rally is expected with 1.3389 support intact. On the upside, firm break of 1.3592 will resume larger up trend to 100% projection of 1.2706 to 1.3442 from 1.3138 at 1.3874. However, decisive break of 1.3389 […]

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USD/JPY Mid-Day Outlook

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GBP/JPY Daily Outlook

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14/10/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8557; (P) 0.8573; (R1) 0.8590; More… USD/CHF’s rise from 0.8374 resumed after brief consolidations Intraday bias is back on the upside for 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Sustained break there will argue that fall from 0.9223 has completed after defending 0.8332 low. On the downside, below 0.8557 minor support […]
06/02/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0714; (P) 1.0751; (R1) 1.0778; More… Intraday bias in EUR/USD remains on the downside, with focus on 1.0722 structural support. Decisive break there will argue that whole rise from 1.0447 has completed. Deeper fall would then be seen to target this low. On the upside, break of 1.0896 resistance is needed to […]
18/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 157.27; (P) 157.62; (R1) 158.07; More… USD/JPY is staying in tight range below 158.25 temporary top and intraday bias remains neutral. Further rally would be in favor as long as 154.53 support holds. Break of 158.25 will resume the choppy rise from 151.86 towards 160.20 high. But upside should be limited there, […]