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Daily Pivots: (S1) 172.09; (P) 172.38; (R1) 172.71; More… Intraday bias in EUR/JPY stays neutral at this point. Corrective pattern from 173.87 is still extending, and break of 170.94 will bring deeper fall to 169.69 support. But downside should be contained by 38.2% retracement of 161.06 to 173.87 at 168.97 to bring rebound. On the […]

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GBP/JPY Daily Outlook

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EUR/GBP Daily Outlook

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19/03/2024

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3519; (P) 1.3536; (R1) 1.3550; More… USD/CAD’s break of 1.3605 resistance suggests that whole rise from 1.3176 is resuming. Intraday bias is back on the upside for 61.8% projection of 1.3176 to 1.3540 from 1.3419 at 1.3644 first. Decisive break there could prompt upside acceleration to 100% projection at 1.3783 next. On […]
03/05/2025

EUR/CHF Weekly Outlook

EUR/CHF gyrated lower last week but lacked convincing momentum. Initial bias remains neutral this week first. On the upside, above 0.9445 will resume the rebound from 0.9218, either as a corrective move or the third leg of the pattern from 0.9204. However, break of 0.9274 will suggest that that recovery has completed, and bring retest […]
26/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2822; (P) 1.2876; (R1) 1.2903; More… Outlook in GBP/USD is unchanged and intraday bias remains neutral. Further rally is expected with 1.2859 resistance turned support intact. Break of 1.3043 will resume the rise from 1.2298. However, firm break of 1.2859 will turn bias to the downside for deeper decline to 55 D […]