Category: Daily Outlook

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2983; (P) 1.3018; (R1) 1.3039; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.3514 is still extending. With 1.3209 resistance intact, another fall is mildly in favor through 1.2872 at a later stage. Nevertheless, firm break of 1.3209 will turn bias to the upside for retesting 1.3514 instead. […]

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0826; (P) 1.0839; (R1) 1.0848; More… EUR/USD is losing some downside momentum but intraday bias stays on the downside for 161.8% projection of 1.1172 to 1.0992 from 1.1095 at 1.0804. Break there will target 200% projection at 1.0735 next. On the upside, above 1.0888 minor resistance will turn intraday bias […]

EUR/JPY Daily Outlook

Daily Pivots: (S1) 118.93; (P) 119.06; (R1) 119.22; More…. EUR/JPY’s decline continues today and hits as low as 118.73 so far. Intraday bias remains on the downside. Current fall from 122.87 should target 100% projection of 122.87 to 119.77 from 121.15 at 118.05 next. On the upside, above 119.22 minor resistance will turn […]

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0818; (P) 1.0840; (R1) 1.0852; More… Intraday bias in EUR/USD remains on the downside with 1.0888 minor resistance intact. Current down trend should target 161.8% projection of 1.1172 to 1.0992 from 1.1095 at 1.0804 next. On the upside, above 1.0888 minor resistance will turn intraday bias neutral and bring consolidations […]

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3011; (P) 1.3037; (R1) 1.3074; More… GBP/USD is staying in consolidation pattern from 1.3514 and intraday bias remains neutral first. With 1.3209 resistance intact, another fall is mildly in favor through 1.2872 at a later stage. Nevertheless, firm break of 1.3209 will turn bias to the upside for retesting 1.3514 […]

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9801; (P) 0.9811; (R1) 0.9833; More… USD/CHF’s rebound from 0.9613 short term bottom is still in progress. Intraday bias stays on the upside for 38.2% retracement of 1.0237 to 0.9613 at 0.9851 first. Decisive break there will add to the case of bullish near term reversal and target 61.8% retracement […]

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 109.68; (P) 109.80; (R1) 109.89; More.. USD/JPY is staying in tight range below 110.14 temporary top and intraday bias remains neutral. Further is in favor as long as 109.53 minor support holds. On the upside, break of 110.28 will resume whole rally from 104.45. Though, break of 109.53 will turn […]