Category: Daily Outlook

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3569; (P) 1.3616; (R1) 1.3644; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. While deeper fall cannot be ruled out, downside of retreat should be contained by 1.3489 support to bring another rally. As noted before, corrective fall from 1.4282 should have completed with three waves down to 1.3158, […]

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1286; (P) 1.1327; (R1) 1.1352; More… Intraday bias in EUR/USD remains neutral first. As noted before, rebound from 1.1185 is seen as corrective move. Break of 1.1284 will argue that larger down trend from 1.2348 is ready to resume. Intraday bias will be back on the downside for retesting 1.1185 low first. […]

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3569; (P) 1.3616; (R1) 1.3644; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. While deeper fall cannot be ruled out, downside of retreat should be contained by 1.3489 support to bring another rally. As noted before, corrective fall from 1.4282 should have completed with three waves down to 1.3158, […]

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1286; (P) 1.1327; (R1) 1.1352; More… Intraday bias in EUR/USD remains neutral first. As noted before, rebound from 1.1185 is seen as corrective move. Break of 1.1284 will argue that larger down trend from 1.2348 is ready to resume. Intraday bias will be back on the downside for retesting 1.1185 low first. […]

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 114.09; (P) 114.44; (R1) 114.67; More… Intraday bias in USD/JPY stays mildly on the downside for the moment, for 113.47 support. Break there will resume the fall from 112.52 structural support. Considering bearish divergence condition in in daily MACD, further break of 112.52 will confirm that it’s already in correction to the […]

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9142; (P) 0.9160; (R1) 0.9175; More…. Sideway corrective trading continues in USD/CHF and intraday bias remains neutral. On the downside, firm break of 0.9084 support will argue that choppy rise from 0.8925 has completed. Fall from 0.9471 might be ready to resuming. Further decline would be seen back to 0.8925 support first. […]

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3585; (P) 1.3617; (R1) 1.3646; More… Sideway consolidation continues in GBP/USD and intraday bias remains neutral. While deeper fall cannot be ruled out, downside of retreat should be contained by 1.3489 support to bring another rally. As noted before, corrective fall from 1.4282 should have completed with three waves down to 1.3158, […]

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1323; (P) 1.1340; (R1) 1.1361; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. Rebound from 1.1185 is seen as corrective move. Break of 1.1284 will argue that larger down trend from 1.2348 is ready to resume. Intraday bias will be back on the downside for retesting 1.1185 low first. […]

EUR/JPY Daily Outlook

Daily Pivots: (S1) 129.38; (P) 129.69; (R1) 129.97; More…. Intraday bias in EUR/JPY remains mildly on the downside at this point. Rebound from 127.36 could have completed at 131.59 already. Deeper fall would be seen back to 127.36 first. Break there will extend the corrective pattern from 134.11 to 126.58 fibonacci level. On the upside, […]