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Daily Pivots: (S1) 0.8246; (P) 0.8290; (R1) 0.8321; More…. Despite loss of momentum as seen in 4H MACD, further rise remains mildly in favor in USD/CHF with 0.8196 minor support intact. However, upside should be limited by 38.2% retracement of 0.9200 to 0.8038 at 0.8482. On the downside, below 0.8196 minor support will bring retest […]

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GBP/USD Daily Outlook

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EUR/USD Mid-Day Outlook

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08/03/2025

EUR/GBP Weekly Outlook

EUR/GBP’s strong rally last week suggest that fall from 0.8472 has completed as a corrective three-wave move down to 0.8239. However, the cross lost momentum after final push to 0.8416. Initial bias is neutral this week for consolidations. Downside should be contained above 55 4H EMA (now at 0.8323) to bring another rise. Break of […]
06/03/2025

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.13; (P) 191.73; (R1) 192.57; More… Intraday bias in GBP/JPY remains neutral as range trading continues. On the upside, firm , fir break of 193.04 will resume the rebound from 187.04 to 194.73 resistance, and then 198.94. On the downside, firm break of 187.04 will extend the fall from 199.79 towards 180.00 […]
14/06/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0709; (P) 1.0763; (R1) 1.0793; More…. Intraday bias in EUR/USD continues today and intraday bias stays on the downside for 1.0601 support. Firm break there will resume whole decline from 1.1138, as the third leg of the pattern from 1.1274, and target channel support at 1.0510. On the upside, above 1.0744 minor […]