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Daily Pivots: (S1) 0.8432; (P) 0.8450; (R1) 0.8483; More… Intraday bias in EUR/GBP stays on the upside. Rebound from 0.8354 is in progress for 38.2% retracement of 0.8737 to 0.8354 at 0.8500. Strong resistance could be seen from 0.8500 to complete the corrective bounce. On the downside, break of 0.8413 support will bring retest of […]

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22/01/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.30; (P) 161.77; (R1) 162.57; More… Intraday bias in EUR/JPY remains neutral as recovery from 159.74 is still capped below 162.88 resistance. Further fall is in favor and break of 159.74 will resume the decline from 164.89 to 156.16 support. On the upside, however, break of 162.88 will bring retest of 164.89 […]
19/02/2025

USD/JPY Daily Outlook

Daily Pivots: (S1) 151.47; (P) 151.84; (R1) 152.45; More… Intraday bias in USD/JPY stays neutral at this point. Attention remains on 38.2% retracement of 139.57 to 158.86 at 151.4. Strong rebound from there will maintain near term bullishness. On the upside, break of 154.79 will revive the case that correction from 158.86 has completed at […]
21/11/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2618; (P) 1.2666; (R1) 1.2702; More… Intraday bias in GBP/USD remains neutral for the moment, as consolidation continues above 1.2596 temporary low. Outlook stays bearish with 1.2842 support turned resistance intact. On the downside, break of 1.2596 will resume the fall from 1.3433 to 100% projection of 1.3433 to 1.2842 to 1.3047 […]