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Daily Pivots: (S1) 1.2841; (P) 1.2918; (R1) 1.3049; More… Intraday bias in GBP/USD remains on the upside for retesting 1.3206. Firm break there will resume the rally from 1.2099 towards 1.3433 high. On the downside, below 1.2981 minor support will turn intraday bias neutral again first. While corrective pattern from 1.3206 might extend, near term […]

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USD/JPY Mid-Day Outlook

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EUR/AUD Weekly Outlook

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22/10/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0793; (P) 1.0833; (R1) 1.0854; More… Intraday bias in EUR/USD stays neutral first and consolidations from 1.0810 temporary low could extend. But outlook will remain bearish as long as 1.0954 resistance holds. Below 1.0810 will resume the fall from 1.1213 to 61.8% retracement of 1.0447 to 1.1213 at 1.0740. Firm break there […]
20/04/2024

GBP/USD Weekly Outlook

GBP/USD’s decline from 1.2892 continued lower last week despite interim recovery. Initial bias is on the downside this week for 100% projection of 1.2892 to 1.2538 from 1.2708 at 1.2354. Firm break there will target 161.8% projection at 1.2207 next. On the upside, above 1.2467 minor resistance will turn bias neutral and bring consolidations first, […]
14/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 144.74; (P) 145.47; (R1) 146.19; More… USD/JPY’s decline from 151.89 resumed by breaking through 141.59 support. Intraday bias is back on the downside. Further fall should be seen to next fibonacci level at 136.63. On the upside, above 142.91 minor resistance will turn intraday bias neutral first. But recovery should be limited […]