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Daily Pivots: (S1) 151.83; (P) 152.45; (R1) 153.35; More… Dollar’s strong break of 153.26 confirms resumption of whole rise from 139.87. Intraday bias is back on the upside for 100% projection of 146.58 to 153.26 from 149.37 at 156.05. Firm break there will target 158.86 resistance next. On the downside, below 153.24 resistance turned support […]

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GBP/USD Mid-Day Outlook

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EUR/JPY Daily Outlook

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26/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9388; (P) 0.9407; (R1) 0.9425; More… Intraday bias in EUR/CHF is mildly on the downside at this point. Deeper pullback could be seen but downside should be contained above 0.9252 low to bring rebound. On the upside, above 0.9471 will resume the rebound from 0.9252, as a correction to whole decline from […]
04/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 189.61; (P) 191.49; (R1) 192.66; More… Intraday bias in GBP/JPY is turned neutral first with current retreat. On the upside, above 193.45 will resume the rebound from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35. However, firm break of 188.23 support will argue that rebound from 180.00 has completed, and […]
01/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0692; (P) 1.0708; (R1) 1.0731; More…. Immediate focus in now on 1.0760 resistance as EUR/USD extends the rebound from 1.0665. Decisive break there will argue that pull back from 1.0915 has completed. Intraday bias will be back on the upside for 55 D EMA (now at 1.0773) and above. Meanwhile, rejection by […]