November 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0908; (P) 1.0930; (R1) 1.0962; More… EUR/USD is losing some upside momentum as seen in 4H MACD, but th…

Nov 21, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 147.68; (P) 148.83; (R1) 149.55; More… USD/JPY’s fall from 151.89 is still in progress. Intraday bias st…

Nov 21, 2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2461; (P) 1.2490; (R1) 1.2533; More… GBP/USD’s rise form 1.2036 is extending and intraday bias stays o…

Nov 21, 2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0908; (P) 1.0930; (R1) 1.0962; More… EUR/USD’s rally from 1.0447 is in progress and intraday bias stay…

Nov 21, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.68; (P) 148.83; (R1) 149.55; More… Intraday bias in USD/JPY remains on the downside at this point. C…

Nov 21, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2461; (P) 1.2490; (R1) 1.2533; More… Intraday bias in GBP/USD stays on the upside as rise from 1.2036 …

Nov 21, 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0855; (P) 1.0884; (R1) 1.0944; More… Intraday bias in EUR/USD remains on the upside for the moment. Cu…

Nov 20, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2403; (P) 1.2434; (R1) 1.2494; More… GBP/USD is staying below 1.2504 temporary top despite today’s reb…

Nov 20, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 148.91; (P) 149.85; (R1) 150.49; More… USD/JPY’s break of 149.17 support should confirm rejection by 151…

Nov 20, 2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0855; (P) 1.0884; (R1) 1.0944; More… EUR/USD’s rally continues today and intraday bias stays on the up…

Nov 20, 2023

USD/JPY Weekly Outlook

USD/JPY failed to break through 151.93 key resistance last week, and fell sharply since then. But downside is contained by …

Nov 18, 2023

EUR/USD Weekly Outlook

EUR/USD’s rise from 1.0447 resumed last week and hit as high as 1.0913 despite interim setback. Initial bias is now on the …

Nov 18, 2023

GBP/USD Weekly Outlook

GBP/USD’s rebound from 1.2036 resumed last week and hit 1.2504. But subsequent retreat suggests that a temporary was formed…

Nov 18, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 150.20; (P) 150.82; (R1) 151.34; More… While USD/JPY falls steeply today, it’s still holding above 149.1…

Nov 17, 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0823; (P) 1.0860; (R1) 1.0889; More… Intraday bias in EUR/USD stays neutral at this point, as consolid…

Nov 17, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 150.20; (P) 150.82; (R1) 151.34; More… Range trading continues in USD/JPY and intraday bias stays neutra…

Nov 17, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2375; (P) 1.2416; (R1) 1.2454; More… Intraday bias in GBP/USD remains neutral for the moment. Consolid…

Nov 17, 2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0823; (P) 1.0860; (R1) 1.0889; More… EUR/USD retreated back to established range and intraday bias rem…

Nov 17, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 150.49; (P) 150.95; (R1) 151.86; More… USD/JPY dips notably in early US session but stays well inside es…

Nov 16, 2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2379; (P) 1.2441; (R1) 1.2477; More… Intraday bias in GBP/USD stays neutral as consolidation from 1.25…

Nov 16, 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0824; (P) 1.0855; (R1) 1.0878; More… EUR/USD bounces mildly in early US session but stays below 1.0886…

Nov 16, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 150.49; (P) 150.95; (R1) 151.86; More… Intraday bias in USD/JPY stays neutral as range trading continues…

Nov 16, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2379; (P) 1.2441; (R1) 1.2477; More… Intraday bias in GBP/USD remains neutral for consolidations below…

Nov 16, 2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0824; (P) 1.0855; (R1) 1.0878; More… Intraday bias in EUR/USD is turned neutral with 4H MACD crossed b…

Nov 16, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.77; (P) 150.78; (R1) 151.39; More… USD/JPY recovers today as range trading continues. Intraday bias …

Nov 15, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2337; (P) 1.2421; (R1) 1.2583; More… GBP/USD’s rally extends to as high as 1.2504 so far. Intraday bia…

Nov 15, 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0674; (P) 1.0690; (R1) 1.0715; More… EUR/USD’s rebound from 1.0447 resumed by breaking through 1.0755 …

Nov 14, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 151.31; (P) 151.61; (R1) 152.02; More… Intraday bias in USD/JPY is turned neutral again with 4H MACD cro…

Nov 14, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2234; (P) 1.2258; (R1) 1.2302; More… While GBP/USD’s recovery from 1.2185 is extending, upside is limi…

Nov 14, 2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0674; (P) 1.0690; (R1) 1.0715; More… Intraday bias in EUR/USD stays neutral for the moment. On the dow…

Nov 14, 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0663; (P) 1.0678; (R1) 1.0700; More… Intraday bias in EUR/USD stays neutral at this point. On the down…

Nov 13, 2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0663; (P) 1.0678; (R1) 1.0700; More… Intraday bias in EUR/USD remains neutral for the moment. On the u…

Nov 13, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2197; (P) 1.2217; (R1) 1.2248; More… Intraday bias in GBP/USD remains mildly on the downside at this p…

Nov 13, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 151.30 (P) 151.45; (R1) 151.68; More… As USD/JPY’s rise from 149.17 extends, immediate focus is now on 1…

Nov 13, 2023

GBP/USD Weekly Outlook

GBP/USD reversed after edging higher to 1.2426 last week. The development argues that corrective rebound from 1.2036 has co…

Nov 12, 2023

USD/JPY Weekly Outlook

USD/JPY rebounded strongly last week but upside is capped below 151.69 resistance so far. Consolidation from 151.69 could s…

Nov 12, 2023

EUR/USD Weekly Outlook

EUR/USD turned sideway after edging higher to 1.0755 last week. Initial bias remains neutral this week first. On the upside…

Nov 12, 2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2187; (P) 1.2248; (R1) 1.2283; More Intraday bias in GBP/USD remains on the downside at this point. Co…

Nov 10, 2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0644; (P) 1.0685; (R1) 1.0709; More… Intraday bias in EUR/USD stays neutral with focus on 55 4H EMA (n…

Nov 10, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 150.94; (P) 151.17; (R1) 151.56; More… USD/JPY is still bounded in consolidation from 151.69 and intrada…

Nov 10, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2187; (P) 1.2248; (R1) 1.2283; More GBP/USD’s break of 55 4H EMA (now at 1.2246) argues that correctiv…

Nov 10, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 150.51; (P) 150.79; (R1) 151.25; More… No change in USD/JPY’s outlook as consolidation from 151.69 is ex…

Nov 9, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 150.51; (P) 150.79; (R1) 151.25; More… Range trading continues in USD/JPY and intraday bias remains neut…

Nov 9, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 150.01; (P) 150.35; (R1) 150.77; More… USD/JPY’s rebound continues today but it’s still bounded in range…

Nov 8, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 150.01; (P) 150.35; (R1) 150.77; More… Range trading continues in USD/JPY and intraday bias remains neut…

Nov 8, 2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2312; (P) 1.2370; (R1) 1.2402; More Intraday bias in GBP/USD remains neutral for the moment. Further r…

Nov 7, 2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0703; (P) 1.0730; (R1) 1.0743; More… Intraday bias in EUR/USD is turned neutral with current retreat, …

Nov 7, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2312; (P) 1.2370; (R1) 1.2402; More Intraday bias in GBP/USD is turned neutral with current retreat an…

Nov 7, 2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.59; (P) 149.83; (R1) 150.33; More… Intraday bias in USD/JPY stays neutral as consolidation from 151.…

Nov 7, 2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2247; (P) 1.2318; (R1) 1.2452; More Intraday bias in GBP/USD remains on the upside as rise from 1.2036…

Nov 6, 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.