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GBP/USD edged higher to 1.3631 last week but quickly retreated again. Initial bias remains neutral this week first, and further rally is expected as long as 1.3455 support holds. 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 […]

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11/11/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0667; (P) 1.0738; (R1) 1.0788; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen above 1.0681 temporary low. Outlook will stay bearish as long as 1.0936 resistance holds. Below 1.0681 will resume the fall from 1.1213 and target 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656, […]
10/01/2025

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8338; (P) 0.8372; (R1) 0.8404; More… Intraday bias in EUR/GBP stays on the upside for the moment, as rally from 0.8221 short term bottom is in progress for 0.8446 key resistance. Strong resistance might be seen there to limit upside, at least on first attempt. But for now, further rally will remain […]
29/11/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6539; (P) 1.6602; (R1) 1.6643; More… No change in EUR/AUD’s outlook and intraday bias remains on the downside for 1.6449 support. Firm break there will argue that the pattern from 1.6319 has completed at 1.6844 as a corrective move, and fall from 1.7062 is ready to resume through 1.6319. On the upside, […]