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Daily Pivots: (S1) 1.3260; (P) 1.3280; (R1) 1.3316; More… GBP/USD’s really resumed by breaking through 1.3291 and intraday bias is back on the upside. Firm break of 1.3433 will confirm larger up trend resumption and target 100% projection of 1.2099 to 1.3206 from 1.2706 at 1.3813. On the downside, below 1.3277 minor support will turn […]

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GBP/JPY Daily Outlook

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29/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6762; (P) 0.6788; (R1) 0.6810; More… Intraday bias in AUD/USD stays on the upside at this point, despite some loss of momentum. Current rally should target 0.6870 resistance. Firm break there will target 100% projection of 0.6269 to 0.6870 from 0.6348 at 0.6949. Near term outlook will stay bullish as long as […]
08/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8698; (P) 0.8736; (R1) 0.8762; More… Intraday bias in USD/CHF is turned neutral with current retreat, and some consolidations would be seen below 0.8773 temporary top first. Further rally is still expected as long as 0.8614 support holds. Above 0.8773 will resume the rise from 0.8374 for 61.8% retracement of 0.9223 to […]
17/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 167.42; (P) 168.61; (R1) 169.69; More… Intraday bias in EUR/JPY remains mildly on the downside for the moment. Sustained trading below 55 D EMA (now at 167.43) will extend the fall from 170.87, as the third leg of the pattern from 151.58, to 164.01 support next. For now, risk will stay on […]