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Daily Pivots: (S1) 1.2629; (P) 1.2658; (R1) 1.2707; More… GBP/USD is staying in consolidations above 1.2596 temporary low and intraday bias remains neutral. Outlook will stay bearish as long as 12.842 support turned resistance holds. Break of 1.2596 will resume the fall from 1.3433 to 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456. […]

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01/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9128; (P) 0.9162; (R1) 0.9231; More…. USD/CHF’s rally from 0.8332 resumed and hit as high as 0.9215 so far. Intraday bias is back on the upside for 0.9243 resistance next. Decisive break there will carry larger bullish implications. Next target will be 61.8% projection of 0.8728 to 0.9151 from 0.9009 at 0.9270. […]
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EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6359; (P) 1.6418; (R1) 1.6486; More… Intraday bias in EUR/AUD remains neutral for the moment. On the upside, break of 1.6512 minor resistance will argue that pull back from 1.6671 has completed, and revive near term bullishness. Intraday bias will be back on the upside for 1.6671 resistance. On the downside, break […]
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USD/CAD Daily Outlook

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