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Daily Pivots: (S1) 1.3549; (P) 1.3587; (R1) 1.3650; More… GBP/USD edged higher to 1.3631 but quickly retreated. Intraday bias remains neutral first. Firm break of 1.3631 will resume the rally from 1.2099 and target 100% projection of 1.2099 to 1.3206 from 1.3138 at 1.3813. On the downside, break of 1.3455 support should confirm short term […]

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20/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6458; (P) 1.6484; (R1) 1.6509; More… Outlook in EUR/AUD is unchanged as range trading continues. Intraday bias stays neutral for the moment. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen […]
28/04/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9390; (P) 0.9418; (R1) 0.9435; More…. Intraday bias in EUR/CHF is turned neutral first with current retreat. Rebound from 0.9218 is either a corrective move, or the third leg of the pattern from 0.9204. In either case, further rally is expected this week as long as 0.9336 support holds, towards 0.9660. However, […]
01/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0642; (P) 1.0688; (R1) 1.0713; More… Intraday bias in EUR/USD remains mildly on the downside at this point. Recovery from 1.0601 could have completed at at 1.0752 already. Further fall would be seen for retesting 1.0601 first. Firm break there will resume larger fall and target 100% projection of 1.1138 to 1.0694 […]