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Daily Pivots: (S1) 1.3049; (P) 1.3081; (R1) 1.3107; More… Intraday bias GBP/USD stays neutral for the moment. While corrective fall from 1.3433 might extend lower, strong support should be seen from 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) to contained downside. Above 1.3174 minor resistance will turn bias back to the […]

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24/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6586; (P) 0.6619; (R1) 0.6641; More… While AUD/USD’s retreat from 0.6713 extends lower, it’s staying above 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579. Intraday bias remains neutral for the moment, and further rally is in favor. As noted before, fall from 0.6870 has probably completed with three waves […]
21/10/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9365; (P) 0.9386; (R1) 0.9417; More…. Intraday bias in EUR/CHF stays neutral as sideway trading continues in converging range. On the downside, break of 0.9332 will resume the fall from 0.9579 towards 0.9209 low. On the upside, break of 0.9506 will turn intraday bias to the upside for 0.9579 resistance and above. […]
13/03/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 146.85; (P) 147.44; (R1) 148.27; More… USD/JPY is staying in range between 146.47 and 148.29 and intraday bias remains neutral. On the downside, sustained break of 38.2% retracement of 140.25 to 150.87 at 146.81 will argue that fall from 150.87 is reversing the whole rally from 140.25. In this case, deeper decline […]