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EUR/GBP stayed in sideway trading last week and outlook is unchanged. Initial bias remains neutral this week first. On the downside, break of 0.8654 will resume the fall from 0.8750. Decisive break there will indicate bearish reversal and target 38.2% retracement of 0.8221 to 0.8750 at 0.8548. Nevertheless, on the upside, break of 0.8750/2 will […]

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13/12/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0443; (P) 1.0487; (R1) 1.0510; More… Break of 1.0471 support suggests that EUR/USD’s corrective recovery from 1.0330 has completed at 1.0629 already. Intraday bias is back on the downside for retesting 1.0330 low first. Firm break there will resume the fall from 1.1213 to 61.8% projection of 1.0936 to 1.0330 from 1.0629 […]
31/10/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1529; (P) 1.1583; (R1) 1.1619; More… Focus remains on 1.1540 support in EUR/USD. Firm break there will resume the fall from 1.1917 and target 1.1390 support, or even further to 38.2% retracement of 1.0176 to 1.1917 at 1.1252. On the upside, though, break of 1.1727 resistance will turn bias back to the […]
27/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9004; (P) 0.9024; (R1) 0.9060; More…. USD/CHF’s rally continues today and met 100% projection projection of 0.8550 to 0.8884 from 0.8728 at 0.9062 already. Intraday bias remains on the upside at this point. Sustained trading above 0.9062 will target 0.9243 key medium term resistance next. On the downside, below 0.8964 minor support […]