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EUR/CHF was bounded in range trading inside 0.9332/9506 last week. Initial bias stays neutral this week first. For now, the favored case is that rise from 0.9209 low is not finished yet. Break of 0.9506 will turn intraday bias to the upside for 0.9579 resistance and above. However, break of 0.9332 will dampen this view […]

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GBP/JPY Weekly Outlook

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22/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2636; (P) 1.2666; (R1) 1.2720; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.2793 is extending. Further rally is still expected as long as 1.2499 support holds. On the upside, firm break of 1.2793 will resume the rally from 1.2036. Next target is 61.8% projection of 1.2068 to 1.2731 from […]
22/11/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9270; (P) 0.9297; (R1) 0.9314; More…. EUR/CHF’s fall resumed through 0.9303 temporary low and intraday bias is back on the downside. Further fall should now be seen to retest 0.9209 low next. On the upside, above 0.9310 minor resistance will turn intraday bias neutral again first. In the bigger picture, fall from […]
08/10/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6730; (P) 0.6770; (R1) 0.6797; More… AUD/USD’s fall from 0.6941 short term top accelerates lower today and intraday bias stays on the downside. Sustained trading below 55 D EMA (now at 0.6744) should confirm rejection by 0.6941 fibonacci level, and bring deeper decline to 0.6621 support. On the upside, above 0.6809 minor […]