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Daily Pivots: (S1) 0.6703; (P) 0.6725; (R1) 0.6747; More… AUD/USD is staying in consolidation above 0.6701 temporary low and intraday bias stays neutral. Further decline is expected as long as 0.6809 minor resistance holds. On the downside, break of 0.6701 and sustained trading below 55 D EMA (now at 0.6743) should confirm rejection by 0.6941 […]

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12/12/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8770; (P) 0.8793; (R1) 0.8807; More…. Intraday bias in USD/CHF is turned neutral first with a temporary top formed at 0.8819. Further rise remains in favor with 0.8727 minor support intact. Above 0.8819 will resume the rebound from 0.8665 short term bottom to 0.8886 support turned resistance first. Decisive break there will […]
15/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2930; (P) 1.2960; (R1) 1.3019; More… Intraday bias in GBP/USD remains on the upside despite current retreat. Rise fro 1.2298 is in progress for 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, which is slightly above 1.3141 key medium term resistance. On the downside, below 1.2898 minor support will turn […]
06/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.13; (P) 164.54; (R1) 165.06; More… Intraday bias in EUR/JPY is turned neutral with current recovery. On the upside, firm break of 55 4H EMA (now at 166.08) will bring stronger rebound towards 168.64 resistance. On the downside, break of 164.01, and sustained trading below 55 D EMA (now at 163.97) will […]