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Daily Pivots: (S1) 1.3389; (P) 1.3416; (R1) 1.3432; More… Intraday bias in GBP/USD remains neutral. Another fall is mildly in favor as long as 1.3526 resistance holds. Break of 1.3247 will target 1.3140 cluster (38.2% retracement of 1.2099 to 1.3787 at 1.3142). Strong support is expected there to contain downside to complete the corrective pattern […]

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EUR/USD Weekly Outlook

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23/03/2024

EUR/JPY Weekly Outlook

EUR/JPY’s up trend resumed last week and surged to 165.33. But as a temporary top was formed with subsequent retreat, initial bias stays neutral this week for more consolidations. Downside should be contained by 55 4H EMA (now at 163.23) to bring rebound. On the upside, break of 165.33 will resume larger up trend to […]
06/01/2025

EUR/GBP Weekly Outlook

EUR/GBP stayed in sideway trading in range of 0.8221/8326 last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, firm break of 0.8326 resistance will confirm short term bottoming at 0.8221, ahead of 0.8201 key support. Intraday bias will be turned back to the upside for 0.8446 structural resistance […]
07/03/2025

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8800; (P) 0.8863; (R1) 0.8900; More… No change in USD/CHF’s outlook and intraday bias stays on the downside. As noted before, rise from 0.8374 should have completed at 0.9222, after rejection by 0.9223 key resistance. Deeper fall should be seen to 61.8% retracement of 0.8374 to 0.9200 at 0.8690 next. On the […]