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Daily Pivots: (S1) 1.2578; (P) 1.2623; (R1) 1.2668; More… Outlook in GBP/USD is unchanged as range trading continues. Intraday bias stays neutral at this point. On the upside, break of 1.2691 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of […]

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27/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3335; (P) 1.3384; (R1) 1.3465; More… Intraday bias in GBP/USD stays neutral and some more consolidations could be seen. 1.3429 temporary top. Further rally is expected as long as 1.3265 resistance turned support holds. Above 1.3429 will extend larger rally to 100% projection of 1.2664 to 1.3265 from 1.3000 at 1.3601 next. […]
12/09/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3554; (P) 1.3589; (R1) 1.3610; More… USD/CAD failed to break through 1.3617 resistance decisively so far. Intraday bias remains neutral and further decline remains in favor. On the downside, below 1.3545 minor support will bring retest of 1.3439 low first. However, firm break of 1.3617 will turn bias back to the upside […]
20/02/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8802; (P) 0.8819; (R1) 0.8841; More…. USD/CHF is staying in consolidation from 0.8884 and intraday bias stays neutral. Further rally is expected as long as 0.8727 resistance turned support holds. On the upside, break of 0.8885 will resume the rise from 0.8332 and target and 100% projection of 0.8332 to 0.8727 from […]