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Daily Pivots: (S1) 1.1314; (P) 1.1363; (R1) 1.1449; More… EUR/USD is still bounded in consolidation below 1.1472 and intraday bias remains neutral. Deeper retreat cannot be ruled out. But downside should be contained by 1.1145 resistance turned support to bring another rally. On the upside, break of 1.1472 will target 161.8% projection of 1.0358 to […]

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GBP/USD Mid-Day Outlook

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13/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 144.74; (P) 145.47; (R1) 146.19; More… Intraday bias in USD/JPY remains neutral at this point. Outlook also stays bearish with 147.14 support turned resistance holds. On the downside, 144.72 minor support will suggest that rebound from 141.59 has completed at 146.58. Intraday bias will then be back on the downside for retesting […]
26/09/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8444; (P) 0.8475; (R1) 0.8536; More… No change in USD/CHF’s outlook as range trading continues and intraday bias stays neutral. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, break of 0.8548 resistance will confirm […]
22/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2336; (P) 1.2402; (R1) 1.2437; More… Intraday bias in GBP/USD remains on the downside at this point. Decisive break of 100% projection of 1.2892 to 1.2538 from 1.2708 at 1.2354 will extend the fall from 1.2892 to 161.8% projection at 1.2207 next. On the upside, above 1.2467 minor resistance will turn bias […]