Category: Daily Outlook

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2081; (P) 1.2147; (R1) 1.2188; More… No change in GBP/USD’s outlook and intraday bias remains neutral. Further fall is in favor as long as 1.2331 minor resistance holds. Firm break of 1.1932 will resume larger down trend from 1.4248. On the upside, above 1.2331 will resume the rebound from 1.1932 to 1.2666 […]

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9504; (P) 0.9542; (R1) 0.9588; More… No change in USD/CHF’s outlook and intraday bias remains neutral. Fall from 1.0048 is still seen as the third leg of the consolidation pattern from 1.0063. Strong support should be seen around 0.9543 to bring rebound. On the upside, above 0.9731 minor resistance will turn bias […]

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 135.93; (P) 136.46; (R1) 137.14; More… Intraday bias in USD/JPY is turned neutral with current retreat, but further rally is expected as long as 134.25 support holds. On the upside, sustained trading above of 61.8% projection of 114.40 to 131.34 from 126.35 at 136.81 will extend larger up trend to 100% projection […]

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0406; (P) 1.0471 (R1) 1.0506; More… EUR/USD is still staying above 1.0339/58 support zone with today’s decline. Intraday bias stays neutral first. Further fall is in favor with 1.0614 minor resistance intact. On the downside, sustained break of 1.0339/48 will resume larger down trend. Next target is long term projection level at […]

GBP/JPY Daily Outlook

Daily Pivots: (S1) 165.23; (P) 165.79; (R1) 166.17; More… Outlook in GBP/JPY is unchanged and intraday bias stays neutral for the moment. On the upside, decisive break of 168.67 resistance will resume larger up trend. Next near term target is 100% projection of 155.57 to 168.67 from 159.97 at 173.07. On the downside, below 164.45 […]

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9544; (P) 0.9565; (R1) 0.9597; More… Intraday bias in USD/CHF stays neutral as it continues to lose downside momentum as seen in 4 hour MACD. Fall from 1.0048 is still seen as the third leg of the consolidation pattern from 1.0063. Strong support should be seen around 0.9543 to bring rebound. On […]

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0481; (P) 1.0543 (R1) 1.0584; More… No change in EUR/USD’s outlook as range trading continues. Intraday bias remains neutral. Further fall is in favor with 1.0786 resistance intact. On the downside, sustained break of 1.0339/48 will resume larger down trend. Next target is long term projection level at 1.0090. In the bigger […]

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2146; (P) 1.2219; (R1) 1.2257; More… Outlook in GBP/USD remains unchanged as range trading continues. Intraday bias stays neutral. Outlook stays bearish as long as 1.2666 resistance holds. On the downside, break of 1.1932 will resume larger down trend from 1.4248. However, firm break of 1.2666 will suggest medium term bottoming and […]