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Daily Pivots: (S1) 0.8318; (P) 0.8349; (R1) 0.8378; More…. USD/CHF breached 0.8323 support but failed to sustain below. Intraday bias stays neutral first. On the downside, firm break of 0.8323 support will argue that corrective rebound from 0.8038 has completed at 0.8475, after rejection by 38.2% retracement of 0.9200 to 0.8038 at 0.8482. Intraday bias […]

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EUR/USD Mid-Day Outlook

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GBP/USD Mid-Day Outlook

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04/12/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8282; (P) 0.8298; (R1) 0.8308; More… Intraday bias in EUR/GBP remains neutral as range trading continues. Further decline is expected with 0.8446 resistance intact. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. In the bigger picture, down trend from 0.9267 (2022 high) is in […]
25/03/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.7146; (P) 1.7202; (R1) 1.7240; More… EUR/AUD’s consolidation from 1.7417 is still extending and intraday bias remains neutral. Downside of retreat should be contained by 0.6990 support to bring rebound. On the upside, break of 1.7417 will resume rise from 1.6335 to 161.8% projection of 1.5963 to 1.6800 from 1.6355 at 1.7709 […]
30/10/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.80; (P) 153.33; (R1) 153.92; More… Intraday bias in USD/JPY is turned neutral first as consolidation from 153.87 is extending. Further rally is expected as long as 55 D EMA (now at 148.69) holds. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 […]