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Daily Pivots: (S1) 0.8275; (P) 0.8283; (R1) 0.8298; More… Further decline is expected in EUR/GBP as long as 0.8308 minor resistance holds. Fall from 0.8472 is in progress and should target a retest on 0.8221 low. Nevertheless, firm break of 0.8308 will turn bias back to the upside for stronger rebound to 0.8376 resistance instead. […]

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23/01/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0383; (P) 1.0420; (R1) 1.0447; More… Intraday bias in EUR/USD remains neutral for the moment. On the upside, firm break of 1.0435 will extend the rebound from 1.0176 to 38.2% retracement of 1.1213 to 1.0176 at 1.0572. Rejection by 1.0435 will keep the correction from 1.0176 relatively short. Firm break of 1.0176 […]
19/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 142.15; (P) 142.66; (R1) 143.30; More… No change in USD/JPY for now despite today’s strong recovery. Upside should be limited below 156.48 resistance to bring another decline. Firm break of 140.94 will resume the whole fall from 151.89. Next target will be next fibonacci level at 136.63. In the bigger picture, fall […]
16/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2421; (P) 1.2460; (R1) 1.2484; More… Intraday bias in GBP/USD stays neutral first and more consolidations could be seen. But recovery recovery should be limited by 1.2577 minor resistance to bring another fall. On the downside, firm break of 1.2419 will resume the decline from 1.2892 to 100% projection of 1.2892 to […]