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Daily Pivots: (S1) 1.7858; (P) 1.7916; (R1) 1.7998; More… Intraday bias in EUR/AUD remains neutral and more consolidations could be seen below 1.7989. Further rally is expected as long as 1.7626 support holds. Above 1.7989 will target 61.8% retracement of 1.8554 to 1.7245 at 1.8054. Sustained break there will pave the way to 1.8554. In […]

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04/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 186.03; (P) 186.77; (R1) 187.35; More… Intraday bias in GBP/JPY remains neutral first. Price actions from 188.63 short term top is seen as a near term consolidation pattern for now. As long as 184.44 support holds, further rally is expected. Decisive break of 188.63 will resume larger up trend. In the bigger […]
01/10/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3344; (P) 1.3383; (R1) 1.3417; More… GBP/USD is extending consolidation from 1.3433 and intraday bias stays neutral. Further rally is expected as long as 1.3265 resistance turned support holds. Above 1.3433 will resume larger rise to 100% projection of 1.2664 to 1.3265 from 1.3000 at 1.3601 next. Nevertheless, considering bearish divergence condition […]
16/09/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8441; (P) 0.8494; (R1) 0.8544; More… Intraday bias in USD/CHF remains neutral at this point and further decline is expected with 0.8548 resistance intact. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, considering bullish […]