October 2023

EUR/USD Weekly Outlook

EUR/USD continued to engage in sideway trading last week and outlook is unchanged. Initial bias remains neutral this week f…

Oct 21, 2023

USD/CHF Weekly Outlook

USD/CHF’s fall from 0.9243 extended lower last week and the development raises the chance that rise from 0.8551 has complet…

Oct 21, 2023

GBP/USD Weekly Outlook

GBP/USD extended the consolidation pattern from 1.2036 last week and outlook is unchanged. Initial bias remains neutral thi…

Oct 21, 2023

USD/JPY Weekly Outlook

USD/JPY gyrated higher last week but stayed in range below 150.15 resistance. Initial bias remains neutral this week first.…

Oct 21, 2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2091; (P) 1.2142; (R1) 1.2193; More Intraday bias in GBP/USD remains neutral for more consolidations. …

Oct 20, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.66; (P) 149.81; (R1) 149.96; More… Intraday bias in USD/JPY stays neutral for the moment as range tr…

Oct 20, 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0535; (P) 1.0575; (R1) 1.0623; More… EUR/USD is still extending range trading and intraday bias stays …

Oct 20, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.66; (P) 149.81; (R1) 149.96; More… No change in USD/JPY’s outlook as sideway trading continues. Intr…

Oct 20, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2091; (P) 1.2142; (R1) 1.2193; More Consolidation from 1.2026 is still in progress and intraday bias i…

Oct 20, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.63; (P) 149.79; (R1) 150.08; More… Range trading continues in USD/JPY and intraday bias stays neutra…

Oct 19, 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0508; (P) 1.0551; (R1) 1.0579; More… EUR/USD is still extending sideway trading between 1.0447 and 1.0…

Oct 19, 2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2115; (P) 1.2163; (R1) 1.2189; More Intraday bias in GBP/USD remains neutral for the moment. Consolida…

Oct 19, 2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0508; (P) 1.0551; (R1) 1.0579; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.…

Oct 19, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2115; (P) 1.2163; (R1) 1.2189; More Intraday bias in GBP/USD remains neutral as consolidation from 1.2…

Oct 19, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.63; (P) 149.79; (R1) 150.08; More… Intraday bias in USD/JPY remains neutral and range trading is sti…

Oct 19, 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0541; (P) 1.0568; (R1) 1.0603; More… No change in EUR/USD’s outlook as consolidation from 1.0447 is ex…

Oct 18, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.37; (P) 149.61; (R1) 150.05; More… USD/JPY is still extending sideway trading and intraday bias stay…

Oct 18, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.37; (P) 149.61; (R1) 150.05; More… Intraday bias in USD/JPY remains neutral as range trading continu…

Oct 18, 2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0541; (P) 1.0568; (R1) 1.0603; More… Intraday bias in EUR/USD remains neutral for the moment. Outlook …

Oct 18, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2137; (P) 1.2178; (R1) 1.2222; More GBP/USD is still extending the consolidation form 1.2036 and intra…

Oct 18, 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0526; (P) 1.0544; (R1) 1.0578; More… Intraday bias in EUR/USD stays neutral and outlook remains bearis…

Oct 17, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.33; (P) 149.54; (R1) 149.74; More… Despite some volatility, USD/JPY is still staying in range below …

Oct 17, 2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2161; (P) 1.2190; (R1) 1.2247; More Intraday bias in GBP/USD stays neutral and outlook remains bearish…

Oct 17, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.33; (P) 149.54; (R1) 149.74; More… USD/JPY is extending the consolidation from 150.15 and intraday b…

Oct 17, 2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2104; (P) 1.2164; (R1) 1.2206; More With 1.2224 minor resistance intact, intraday bias in GBP/USD stay…

Oct 16, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.41; (P) 149.62; (R1) 149.79; More… USD/JPY is still bounded in consolidation from 150.15 and intrada…

Oct 16, 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0483; (P) 1.0521; (R1) 1.0545; More… With 1.0557 minor resistance intact, intraday bias in EUR/USD sta…

Oct 16, 2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0483; (P) 1.0521; (R1) 1.0545; More… Intraday in EUR/USD remains on the downside for retesting 1.0447.…

Oct 16, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2104; (P) 1.2164; (R1) 1.2206; More Intraday bias in GBP/USD stays on the downside for retesting 1.203…

Oct 16, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.41; (P) 149.62; (R1) 149.79; More… Intraday bias in USD/JPY remains neutral as consolidation from 15…

Oct 16, 2023

USD/JPY Weekly Outlook

USD/JPY recovered further last week but stayed below 150.15. Initial bias remains neutral this week and more consolidative …

Oct 14, 2023

GBP/USD Weekly Outlook

GBP/USD’s rebound from 1.2036 extended higher last week but was rejected by near term falling channel resistance, and fell …

Oct 14, 2023

EUR/USD Weekly Outlook

EUR/USD’s recovery from 1.0447 finished at 1.0639 last week after rejection by near term falling trend line. Initial bias i…

Oct 14, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.24; (P) 149.53; (R1) 150.11; More… Intraday bias in USD/JPY remains neutral as it’s still bounded in…

Oct 13, 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0489; (P) 1.0565; (R1) 1.0603; More… Focus stays on 1.0518 minor support in EUR/USD. Firm break there …

Oct 13, 2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2121; (P) 1.2226; (R1) 1.2281; More Intraday bias in GBP/USD remains mildly on the downside at this po…

Oct 13, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2121; (P) 1.2226; (R1) 1.2281; More GBP/USD’s break of 1.2210 minor support suggests that recovery fro…

Oct 13, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.24; (P) 149.53; (R1) 150.11; More… USD/JPY is still bounded in range below 150.15 despite current re…

Oct 13, 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0588; (P) 1.0611; (R1) 1.0643; More… Intraday bias in EUR/USD is turned neutral first with current ret…

Oct 12, 2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2276; (P) 1.2307; (R1) 1.2344; More Intraday bias in GBP/USD is turned neutral first with current retr…

Oct 12, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.63; (P) 148.97; (R1) 149.52; More… USD/JPY recovers mildly today but stays in consolidation from 150…

Oct 12, 2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0588; (P) 1.0611; (R1) 1.0643; More… EUR/USD’s rebound from 1.0447 continues and the break of 1.0616 c…

Oct 12, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.21; (P) 148.66; (R1) 149.15; More… Outlook in USD/JPY is unchanged. Intraday bias stays neutral as c…

Oct 11, 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0567; (P) 1.0593; (R1) 1.0632; More… Intraday bias in EUR/USD stays neutral with immediate focus on 1.…

Oct 11, 2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2235; (P) 1.2263; (R1) 1.2314; More Intraday bias in GBP/USD stays on the upside at this point. Reboun…

Oct 11, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2235; (P) 1.2263; (R1) 1.2314; More GBP/USD’s break of 1.2270 resistance suggests that a short term bo…

Oct 11, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 148.21; (P) 148.66; (R1) 149.15; More… Intraday bias in USD/JPY stays neutral as consolidation form 150.…

Oct 11, 2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0567; (P) 1.0593; (R1) 1.0632; More… Outlook in EUR/USD is unchanged and intraday bias stays neutral f…

Oct 11, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.22; (P) 148.73; (R1) 149.02; More… USD/JPY recovers further today but stays well below 150.15 resist…

Oct 10, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2185; (P) 1.2215; (R1) 1.2266; More No change in GBP/USD’s outlook as consolidation form 1.2036 is sti…

Oct 10, 2023

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FAQ

Q1: What is the best trading indicator?
A: Commonly used indicators include Moving Averages, RSI, MACD, and Bollinger Bands.

Q2: Can I rely solely on indicators?
A: No. Combine indicators with risk management and market analysis.

Q3: How many indicators should I use?
A: 2-3 complementary indicators are ideal to avoid conflicts.

Q4: Are trading indicators useful in crypto markets?
A: Yes, but combine with volatility indicators due to high swings.

Q5: How do I combine indicators effectively?
A: Use one trend, one momentum, and one volume/volatility indicator for confirmation.