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Daily Pivots: (S1) 1.1572; (P) 1.1650; (R1) 1.1697; More… EUR/USD is holding above 1.1582 support despite current retreat. Intraday bias remains neutral and further rise is in favor. Above 1.1741 will resume the rally from 1.1390 to retest 1.1829 high. Firm break there will extend larger up trend. However, decisive break of 1.1582 will extend […]

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GBP/USD Mid-Day Outlook

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31/03/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.85; (P) 162.52; (R1) 162.96; More… Intraday bias in EUR/JPY remains neutral for the moment. Further rise is in favor as long as 160.73 support holds. Above 164.16 will resume the rally from 154.77 to 164.89 resistance, and then 166.67. However, break of 160.73 will turn bias back to the downside for […]
18/12/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2676; (P) 1.2703; (R1) 1.2739; More… Sideway trading continues in GBP/USD and intraday bias stays neutral. On the downside, break of 1.2615 minor support will indicate that corrective recovery from 1.2486 has completed. Retest of this low should be seen next, and break will target 1.2298 cluster support zone. Nevertheless, break of […]
15/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.02; (P) 161.81; (R1) 163.02; More… Intraday bias in EUR/JPY stays neutral and outlook remains bearish with 38.2% retracement of 175.41 to 154.40 at 162.42 intact. On the downside, below 157.71 minor support will bring retest of 154.40 first. Break there will resume the fall from 175.41 to 153.15 support next. However, […]