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Daily Pivots: (S1) 0.7907; (P) 0.7925; (R1) 0.7945; More… USD/CHF’s recovery from 0.7872 extends higher today, but stays below 0.7984 minor resistance. Intraday bias remains neutral and further decline is in favor. On the downside, below 0.7872 will bring retest of 0.7828. Firm break there will resume larger down trend. However, break of 0.7984 will […]

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EUR/USD Daily Outlook

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GBP/USD Mid-Day Outlook

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23/06/2025

USD/JPY Daily Outlook

Daily Pivots: (S1) 144.88; (P) 145.32; (R1) 145.91; More… USD/JPY accelerates higher today and intraday bias stays on the upside for 148.64 resistance. Firm break there will suggest that rise from 139.87 is reversing the fall from 158.86. Next target is 100% projection of 139.87 to 148.64 from 142.79 at 151.56. On the downside, below […]
21/01/2024

GBP/USD Weekly Outlook

GBP/USD’s corrective pattern from 1.2826 continued last week. Initial bias stays neutral this week first. Deeper pull back could be seen, and break of 1.2595 will target 1.2499 support. On the upside, however, firm break of 1.2826 will resume larger rise from 1.2036 towards 1.3141 high. In the bigger picture, price actions from 1.3141 medium […]
29/03/2025

EUR/USD Weekly Outlook

EUR/USD gyrated lower last week but recovered ahead of 38.2% retracement of 1.0358 to 1.0953 at 1.0726 as expected. Initial bias stays neutral this week first. On the upside, break of 1.0857 minor resistance will suggest that correction from 1.0953 has completed already. Retest of 1.0953 should be seen first. Firm break there will resume […]