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Daily Pivots: (S1) 0.9381; (P) 0.9417; (R1) 0.9489; More…. EUR/CHF’s strong break of 0.9516 resistance confirms resumption of whole rally from 0.9204. Intraday bias is back on the upside for 100% projection of 0.8204 to 0.9516 from 0.9331 at 0.9643. On the downside, below 0.9502 minor support will turn intraday bias neutral and bring consolidations […]

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14/10/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3045; (P) 1.3064; (R1) 1.3089; More… Intraday bias in GBP/USD remains neutral for the moment. Fall from 1.3433 short term top could extend lower. But strong support should be seen from 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) to contained downside. Above 1.3174 minor resistance will turn bias […]
08/07/2024

GBPUSD Wave Analysis

GBPUSD rising inside wave 2 Likely to rise to resistance level 1.2850 GBPUSD currency pair recently reversed up from the key support level 1.2630 (which also stopped the earlier impulse ii at the end of June). The support level 1.2630 was strengthened by the lower daily Bollinger Band and by the 38.2% Fibonacci correction of […]
07/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 198.63; (P) 199.28; (R1) 199.73; More…. Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Current development suggests that rise from 191.34 has completed at 200.72 after rejection by 200.53. On the downside, break of 197.18 will resume the fall to 155.02. Further break of 195.02 will target 191.34 support next. […]