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Daily Pivots: (S1) 1.7575; (P) 1.7648; (R1) 1.7715; More… Intraday bias in EUR/AUD remains on the downside at this point. Firm break of 1.7569 support will confirm that pattern from 1.8554 already in its third leg, and target 1.7245 next. On the upside, above 1.7717 minor resistance will turn intraday bias neutral and bring consolidations […]

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GBP/JPY Daily Outlook

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11/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.47; (P) 159.22; (R1) 160.68; More… Intraday bias in EUR/JPY stays on the upside at this point. Current rebound from 153.15 is in progress for 100% projection of 153.15 to 158.55 from 155.06 at 160.46. Firm break there will target 161.8% projection at 163.79. For now, further rise will remain in favor […]
13/11/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2685; (P) 1.2781; (R1) 1.2843; More… Outlook in GBP/USD is unchanged and intraday bias stays on the downside. Decisive break of 61.8% retracement of 1.2298 to 1.3433 at 1.2732 will extend the decline from 1.3433 to 1.2298 key support. On the upside, above 1.2833 support turned resistance will turn intraday bias neutral […]
25/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8919; (P) 0.8932; (R1) 0.8943; More…. USD/CHF is still bounded in consolidation from 0.8825 and intraday bias stays neutral at this point. Near term outlook remains bearish with 0.8992 resistance intact. Break of 0.8825 will resume the fall from 0.9223 to 61.8% retracement of 0.8332 to 0.9223 at 0.8672. In the bigger […]