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Daily Pivots: (S1) 1.2878; (P) 1.2926; (R1) 1.2965; More… Intraday bias in GBP/USD stays mildly on the downside for the moment. Correction from 1.3013 would extend to 38.2% retracement of 1.2248 to 1.3013 at 1.2721. Strong support should be seen there to bring rebound. On the upside, break of 1.3013 will resume the rally from […]

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28/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6187; (P) 1.6247; (R1) 1.6324; More… Intraday bias in EUR/AUD stays neutral first. On the upside, firm break of 1.6359 resistance will be the first sign of bullish reversal and target 1.6598 resistance for confirmation. On the downside, though, below 1.6125 minor support will bring retest of 1.5963 low. In the bigger […]
10/07/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8446; (P) 0.8453; (R1) 0.8464; More… Intraday bias in EUR/GBP remains neutral and outlook is unchanged. On the upside, sustained trading above 55 D EMA (now at 0.8495) will extend the rise from 0.8396 short term bottom to 0.8529 support turned resistance. Nevertheless, On the downside, break of 0.8493 support will suggest […]
27/05/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2692; (P) 1.2721; (R1) 1.2767; More… Intraday bias in GBP/USD stays neutral and further rise is in favor with 1.2670 support intact. Above 1.2760 will resume the rally from 1.2298 to 1.2892 resistance next. On the downside, below 1.2670 will turn bias to the downside for deeper pull back. In the bigger […]