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AUD/USD’s steep decline and break of 0.6087 support confirms that whole fall from 0.6941 has resumed. Initial bias stays on the downside this week for 61.8% projection of 0.6941 to 0.6087 from 0.6388 at 0.5860. On the upside, above 0.6138 minor resistance will turn intraday bias neutral and bring consolidations first. In the bigger picture, […]

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USD/JPY Weekly Outlook

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GBP/USD Daily Outlook

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09/01/2025

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8301; (P) 0.8326; (R1) 0.8373; More… EUR/GBP’s rally from 0.8221 accelerates higher today and intraday bias stays on the upside for 0.8446 key resistance. Strong resistance might be seen there to limit upside, at least on first attempt. But for now, further rally will remain in favor as long as 0.8327 resistance […]
10/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 157.42; (P) 157.73; (R1) 158.24; More… Intraday bias in EUR/JPY stays neutral at this point, and further rally is in favor with 155.06 support intact. On the upside, above 158.97 will resume the rebound from 153.15 to 100% projection of 153.15 to 158.55 from 155.06 at 160.46. In the bigger picture, price […]
17/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1093; (P) 1.1115; (R1) 1.1156; More…. Intraday bias in EUR/USD stays neutral and outlook is unchanged. On the upside, break of 1.1153 resistance will suggest that later rally is ready to resume and target 1.1200, and then 1.1274 high. On the downside, below 1.1072 minor support will turn bias back to the […]