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Daily Pivots: (S1) 1.0755; (P) 1.0770; (R1) 1.0787; More… EUR/USD is still holding above 1.0722 support and intraday bias stays neutral. On the downside, decisive break of 1.0722 will argue that whole rise from 1.0447 has completed. Deeper fall would then be seen to target this low. On the upside, break of 1.0896 resistance is […]

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19/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0713; (P) 1.0737; (R1) 1.0765; More…. Intraday bias in EUR/USD remains neutral and outlook is unchanged. More consolidations could be seen but further fall is expected as long as 55 4H EMA (now at 1.0763) holds. Fall from 1.0915 is seen as another leg in the larger corrective pattern. Below 1.0677 will […]
15/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2653; (P) 1.2724; (R1) 1.2835; More… Intraday bias in GBP/USD is turned neutral with current retreat. Some consolidations would be seen but outlook will stay bullish as long as 1.2499 support holds. On the upside, break of 1.2793 will resume the rally from 1.2036. Next target is 61.8% projection of 1.2068 to […]
31/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8810; (P) 0.8843; (R1) 0.8860; More… USD/CHF is holding above 0.8776 support despite today’s dip and intraday bias remains neutral. More consolidations could still be seen but further decline is expected as long as 0.8923 resistance holds. On the downside, break of 0.8776 will resume the fall from 0.9223 to 61.8% retracement […]