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Daily Pivots: (S1) 0.8716; (P) 0.8731; (R1) 0.8746; More… Intraday bias in EUR/GBP remains neutral and more consolidations would be seen below 0.8750. Further rally is expected as long as 0.8694 support holds. Firm break of 0.8752 will resume larger rally to 61.8% projection of 0.8354 to 0.8752 from 0.8631 at 0.8877, which is close […]

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21/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8440; (P) 0.8451; (R1) 0.8466; More… Intraday bias in EUR/GBP remains neutral for the moment. Consolidations form 0.8396 could continue with stronger recovery. But outlook will stay bearish as long as 0.8482 support turned resistance holds. On the downside, below 0.8429 minor support will bring retest of 0.8396 low first. Further break […]
29/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9883; (P) 0.9906; (R1) 0.9929; More…. Intraday bias in EUR/CHF is turned neutral with current retreat. But further rise is expected as long as 0.9880 minor support holds. Above 0.9928 will resume whole rally from 0.9252 to 100% projection of 0.9304 to 0.9847 from 0.9563 at 1.0106, which is slightly above 1.0095 […]
03/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2638; (P) 1.2663; (R1) 1.2710; More… Intraday bias in GBP/USD stays neutral for the moment as range trading continues. On the upside, firm break of 1.2705 resistance will argue that pull back from 1.2859 has completed, and bring retest of this high instead. Nevertheless, sustained trading below 1.2633 resistance turned support will […]