Category: Daily Outlook

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3260; (P) 1.3278; (R1) 1.3310; More… GBP/USD’s break of channel resistance suggests upside acceleration. Intraday bias stays on the upside for retesting 1.3482. Decisive break there will resume whole rise from 1.1409. Further rally should be seen to 61.8% projection of 1.1409 to 1.3482 from 1.2675 at 1.3956 next. On the downside,break […]

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9093; (P) 0.9108; (R1) 0.9124; More…. USD/CHF’s fall from 0.9192 resumes by taking out 0.9088 temporary low. Intraday bias is back on the downside for retesting 0.8982 low. Firm break there will resume larger down trend. On the upside, above 0.9139 minor resistance will turn bias back to the upside for 0.9192 […]

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 103.72; (P) 103.82; (R1) 103.93; More… No change in USD/JPY’s outlook and further fall is expected with 104.56 minor resistance intact. Deeper decline would be seen to retest 103.17 low. Firm break there will resume whole down trend form 111.71. On the upside, however, break of 104.56 will turn bias back to […]

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1842; (P) 1.1867; (R1) 1.1883; More….. EUR/USD is still bounded in range below 1.1920 and intraday bias remains neutral. On the upside, break of 1.1920 will reaffirm the case that consolidation from 1.2011 has completed at 1.1602. Further rise would be seen to retest 1.2011 high. However, break of 1.1745 support will […]

GBP/JPY Daily Outlook

Daily Pivots: (S1) 137.63; (P) 137.85; (R1) 138.21; More… Intraday bias in GBP/JPY remains neutral for the moment. Rebound from 133.03 could have completed at 140.31 already. Break of 137.19 will target 134.40 support to confirm this bearish case. However, on the upside, break of 138.86 minor resistance will turn bias back to the upside […]

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3260; (P) 1.3278; (R1) 1.3310; More… GBP/USD’s break of 1.3313 resistance suggests resumption of rebound from 1.2675. Intraday bias is back on the upside. Sustained break of channel resistance will indicate upside acceleration, and break retest of 1.3482 resistance. On the downside, through, break of 1.3195 minor support will mix up the […]

EUR/AUD Weekly Outlook

EUR/AUD stayed consolidation above 1.6144 temporary low last week and outlook is unchanged. Initial bias remains neutral this week first. Still, further fall is expected with 1.6374 resistance intact. On the downside, break of 1.6144 will target retest of 1.6033 low first. Decisive break there will resume larger down trend from 1.9799. On the upside, […]

EUR/GBP Weekly Outlook

EUR/GBP stayed in consolidation from 0.8861 last week and outlook is unchanged. Initial bias stays neutral this week first. Another fall is expected as long as 0.9068 resistance holds. On the downside, sustained break of 0.8866 key support will indicate that rebound from 0.8670 has completed at 0.9291. Deeper fall should be seen to 0.8670, […]