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Daily Pivots: (S1) 189.81; (P) 191.31; (R1) 192.31; More… GBP/JPY’s fall from 198.94 resumed by breaking through 189.31 support and intraday bias is back on the downside. Current development argues that corrective pattern from 180.00 might have completed. Break of 188.07 support will solidify this case and target a retest on 180.00. On the upside, […]

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GBP/USD Mid-Day Outlook

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EUR/USD Daily Outlook

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13/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8780; (P) 0.8808; (R1) 0.8845; More… Intraday bias in USD/CHF stays on the upside for the moment. Current rise from 0.8374 should target 61.8% retracement of 0.9223 to 0.8374 at 0.8899. Sustained trading above there will pave the way towards 0.9223 high. On the downside, below 0.8773 support will turn intraday bias […]
13/12/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6343; (P) 0.6386; (R1) 0.6411; More… Intraday bias in AUD/USD remains neutral as consolidation continues above 0.6336 temporary low. While another recovery cannot be ruled out, outlook will stay bearish as long as 55 D EMA (now at 0.6546) holds. Break of 0.6336 will resume the fall from 0.6941 to 0.6269 support […]
05/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3108; (P) 1.3141; (R1) 1.3183; More… GBP/USD is still bounded in consolidation from 1.3265 and intraday bias remains neutral at this point. While deeper retreat cannot be ruled out, downside should be contained above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to […]