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Daily Pivots: (S1) 0.8288; (P) 0.8313; (R1) 0.8330; More… Intraday bias in EUR/GBP stays neutral for the moment. Near term outlook is mixed. On the downside, break of 0.8290 will resume the fall from 08472 to retest 0.8221 low. On the upside, above 0.8376 minor resistance will bring stronger rally towards 0.8472. In the bigger […]

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20/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1043; (P) 1.1064; (R1) 1.1107; More….. EUR/USD’s rally is still in progress and breaks through 100% projection of 1.0665 to 1.0947 from 1.0776 at 1.1058. The break of near term channel resistance argues that EUR/USD might be accelerating. Intraday bias remains on the upside for 1.1138 resistance, and then 161.8% projection at […]
07/02/2025

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8317; (P) 0.8348; (R1) 0.8381; More… Intraday bias in EUR/GBP remains mildly on the upside for the moment. Rebound from 0.8290 would extend to 0.8472 resistance. Firm break there will resume the rebound from 0.8221. On the downside, break of 0.8290 will target a retest on 0.8221 low. In the bigger picture, […]
18/11/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8322; (P) 0.8341; (R1) 0.8371; More… Intraday bias in EUR/GBP stays neutral for the moment and outlook remains bearish 0.8446 resistance holds. On the downside, below 0.8306 minor support will turn bias back to the downside for 0.8259 first, and then 0.8201 key support. Nevertheless, firm break of 0.8446 will confirm short […]