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Daily Pivots: (S1) 1.0198; (P) 1.0224; (R1) 1.0270; More… Intraday bias in EUR/USD is turned neutral first with current recovery and some consolidations would be seen above 1.0176 temporary low. Further decline is expected as long as 1.0435 resistance holds. ON the downside, break of 1.0176 will resume the fall from 1.1213 and target 61.8% […]

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15/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2806; (P) 1.2838; (R1) 1.2857; More… Intraday bias in GBP/USD remains on the upside for the moment. Pull back from 1.3043 could have completed at 1.2664 already. Further rise should be seen to retest 1.3043 resistance first. Firm break there will resume whole rally from 1.2998 to 61.8% projection of 1.2298 to […]
18/11/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0506; (P) 1.0549; (R1) 1.0583; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen. But outlook will stay bearish as long as 1.0760 support turned resistance holds. On the downside, firm break of 1.0495 will resume the fall from 1.1213 to 1.0447 support and then 1.0404 key fibonacci […]
24/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0832; (P) 1.0865; (R1) 1.0885; More….. No change in EUR/USD’s outlook and intraday bias stays on the downside. Fall from 1.0947 short term top should extend to 55 D EMA (now at 1.0813). Sustained break there will argue that whole rebound from 1.0601 has completed with three waves up to 1.0947, and […]