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Daily Pivots: (S1) 1.2662; (P) 1.2681; (R1) 1.2704; More… Intraday bias in GBP/USD remains neutral at this point. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will argue that whole rise from […]

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GBP/JPY Daily Outlook

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26/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 187.14; (P) 187.67; (R1) 188.17; More… Intraday bias in GBP/JPY remains neutral as consolidation from 188.90 is still extending. with 186.14 resistance turned support intact, further rally is expected. On the upside, break of 188.90, and sustained trading above 188.63 will confirm up trend resumption. Next target is 38.2% projection of 155.33 […]
26/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8451; (P) 0.8497; (R1) 0.8522; More….. Intraday bias in USD/CHF remains on the downside for retesting 0.8431 support. Firm break there will resume whole decline from 0.9223 towards 0.8332 low. On the upside, above 0.8540 minor resistance will turn intraday bias neutral. But risk will stay on the downside as long as […]
27/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9412; (P) 0.9430; (R1) 0.9444; More… EUR/CHF recovered after dipping to 0.9395 and intraday bias stays neutral first. Still, with 0.9543 resistance intact, deeper decline is expected. On the downside, firm break of 0.9407 key support will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from […]