Category: Daily Outlook

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.9087; (P) 0.9129; (R1) 0.9174; More… Intraday bias in EUR/GBP remains neutral and outlook is unchanged. Price actions from 0.9291 are seen as consolidations only and further rise is in favor. On the upside, break of 0.9291 will resume the whole rise from 0.8670. Next target is 100% projection of 0.8670 to […]

EUR/JPY Daily Outlook

Daily Pivots: (S1) 123.55; (P) 123.85; (R1) 124.37; More…. EUR/JPY recovers after hitting 123.31 and intraday bias is turned neutral first. Further fall is expected as long as 125.01 resistance holds. Fall from 127.07 is correcting the rise from 114.42. Break of 123.31 will target 38.2% retracement of 114.42 to 127.07 at 122.23. Also, risk […]

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9064; (P) 0.9102; (R1) 0.9122; More… USD/CHF is extending the consolidation pattern from 0.8998 and intraday bias remains neutral at this point. On the downside, break of 0.8998 will resume larger down trend. Nevertheless, break of 0.9200 will resume the rebound towards 38.2% retracement of 0.9901 to 0.8998 at 0.9343. – advertisement […]

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2892; (P) 1.2945; (R1) 1.3026; More…. No change in GBP/USD’s outlook as consolidation from 1.2762 is extending. Intraday bias remains neutral at this point. Further fall is still in favor with 1.3035 minor resistance intact. On the downside, below 1.2762 will target 38.2% retracement of 1.1409 to 1.3482 at 1.2690. Decisive break […]

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1772; (P) 1.1813; (R1) 1.1887; More….. Intraday bias in EUR/USD remains neutral for the moment. Further fall is still in favor as long as 1.1917 resistance holds. On the downside, break of 1.1737 support will reaffirm that case that it’s now in correction to rise from 1.6035. Intraday bias will be turned […]

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 104.45; (P) 104.81; (R1) 105.10; More… Intraday bias in USD/JPY remains on the downside for 104.18 support. Break there will resume larger fall from 111.71 and target 61.8% projection of 109.85 to 104.18 from 106.94 at 103.43 next. On the upside, above 104.87 minor resistance will turn intraday bias neutral first, for […]

GBP/JPY Daily Outlook

Daily Pivots: (S1) 134.88; (P) 135.56; (R1) 136.53; More… Further fall is expected in GBP/JPY with 136.58 minor resistance intact. Current development argues that whole corrective rebound from 123.94 has completed. Decline in 142.71 should target 61.8% retracement of 123.94 to 142.71 at 131.11. On the upside, above 136.58 minor resistance will turn bias neutral […]

USD/JPY Daily Outlook

Daily Pivots: (S1) 104.45; (P) 104.81; (R1) 105.10; More… Intraday bias in USD/JPY remains on the downside at this point, for retesting 104.18 support. Break there will resume larger fall from 111.71 and target 61.8% projection of 109.85 to 104.18 from 106.94 at 103.43 next. On the upside, above 105.17 minor resistance will dampen this […]

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9064; (P) 0.9087; (R1) 0.9120; More… Intraday bias in USD/CHF remains neutral as consolidation continues. On the downside, break of 0.8998 will resume larger down trend. Nevertheless, break of 0.9200 will resume the rebound towards 38.2% retracement of 0.9901 to 0.8998 at 0.9343. – advertisement – In the bigger picture, decline from […]

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1775; (P) 1.1829; (R1) 1.1869; More….. Intraday bias in EUR/USD remains on the downside at this point. Fall from 1.2011 is seen as corrective whole rise from 1.6035. Deeper fall should be seen to 38.2% retracement of 1.0635 to 1.2011 at 1.1485. For now, risk will stay on the downside as long […]