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Daily Pivots: (S1) 0.7984; (P) 0.8011; (R1) 0.8045; More… No change in USD/CHF’s outlook and intraday bias remains on the upside. Corrective pattern from 0.7878 is in its third leg. Further rise should be seen to 0.8075 resistance. Firm break there will target 100% projection of 0.7828 to 0.8075 from 0.7872 at 0.8119. On the […]

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GBP/USD Mid-Day Outlook

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30/01/2025

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0387; (P) 1.0415; (R1) 1.0449; More… EUR/USD recovers slightly but stays in range below 1.0531. Intraday bias remains neutral for the moment. Outlook is unchanged for now. On the downside, break of 1.0371 support will indicate rejection by 38.2% retracement of 1.1213 to 1.0176 at 1.0572 and retain near term bearishness. Retest […]
19/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3519; (P) 1.3536; (R1) 1.3550; More… No change in USD/CAD’s outlook and intraday bias stays on the upside. Further rise should be seen to retest 1.3605 resistance first. Firm break there will resume whole rally from 1.3176. On the downside, however, break of 1.3458 minor support will turn bias back to the […]
30/05/2025

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3437; (P) 1.3472; (R1) 1.3529; More… Range trading continues in GBP/USD and intraday bias remains neutral. With 1.3389 support intact, further rally is expected. On the upside, firm break of 1.3592 will resume larger rally for 100% projection of 1.2706 to 1.3442 from 1.3138 at 1.3874. However, decisive break of 1.3389 will […]