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Daily Pivots: (S1) 188.00; (P) 189.16; (R1) 190.62; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Further decline is in favor as long as 193.04 resistance holds. On the downside, firm break of 187.04 will extend the fall from 199.79 towards 180.00 support. That will also raise the chance that correction from […]

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EUR/GBP Daily Outlook

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02/02/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8517; (P) 0.8533; (R1) 0.8542; More… Intraday bias in EUR/GBP remains neutral at this point. Below 0.8521 will resume the fall from 0.8764 to retest 0.8491. Break there will extend larger down trend to 0.8464 projection level. On the upside, above 0.8566 minor resistance will suggest short term bottoming, on bullish convergence […]
29/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3814; (P) 1.3831; (R1) 1.3856; More… Intraday bias in USD/CAD remains neutral for consolidations below 1.3848 temporary top. Further rally is expected as long as 55 4H EMA (now at 1.3762) holds. Decisive break of 1.3845 will resume whole rally from 1.3176. Next target is 61.8% projection of 1.3176 to 1.3845 from […]
03/08/2024

GBP/USD Weekly Outlook

GBP/USD’s fall from 1.3043 extended to 1.2706 last week but recovered since then. Initial bias remains neutral this week and further fall is in favor as long as 1.2863 resistance holds. Below 1.2706 will target 1.2612 support first. Decisive break there should confirm that rise from 1.2298 has completed. However, break of 1.2863 will turn […]