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Daily Pivots: (S1) 1.2176; (P) 1.2242; (R1) 1.2310; More… No change in GBP/USD’s outlook as consolidation continues above 1.2099. Outlook remains bearish with 1.2486 support turned resistance intact. Larger fall from 1.3433 is still expected to continue. On the downside, break of 1.2099 will resume the decline to 100% projection of 1.3433 to 1.2486 from […]

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EUR/USD Mid-Day Outlook

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EUR/GBP Daily Outlook

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09/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 151.61; (P) 151.77; (R1) 152.02; More… Intraday bias in USD/JPY remains neutral at this point as range trading continues. On the downside, break of 150.80 will turn bias back to the downside for deeper pull back to 55 D EMA (now at 149.73). On the upside, however, sustained break of 151.93 key […]
22/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6649; (P) 0.6664; (R1) 0.6681; More… AUD/USD is staying in consolidation from 0.6713 and intraday bias remains neutral. Further rally is expected as long as 0.6578 support holds. As noted before, fall from 0.6870 has probably completed with three waves down to 0.6361 already. Above 0.6713 will target 0.6870 resistance next. In […]
14/01/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6545; (P) 1.6611; (R1) 1.6648; More… No change in EUR/AUD’s outlook as consolidation from 1.6800 is extending. Downside should be contained by 38.2% retracement of 1.5963 to 1.6800 at 1.6480 in case of another fall. Firm break of 1.6800 will resume the rally from 1.5963. However, firm break of 1.6480 will bring […]