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Daily Pivots: (S1) 1.2634; (P) 1.2662; (R1) 1.2711; More… GBP/USD recovers further today but stays well below 1.2842 support turned resistance. Intraday bias remains neutral and outlook stays bearish. On the downside, 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. In the bigger […]

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27/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6453; (P) 1.6485; (R1) 1.6514; More… Intraday bias in EUR/AUD remains neutral and outlook is unchanged. On the downside, sustained trading below 55 D EMA (now at 1.6435) will argue that rise from 1.5996 has completed at 1.7180 Deeper fall would then be seen back to this support. Nevertheless, strong rebound from […]
13/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8623; (P) 0.8667; (R1) 0.8697; More… Outlook is USD/CHF remains bearish with 38.2% retracement of 0.9223 to 0.8431 at 0.8734 intact. On the downside, below 0.8631 minor support will bring retest of 0.8431 first. Break there will resume the fall from 0.9223 to 0.8332 low. Nevertheless, firm break of 0.8734 will bring […]
14/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9447; (P) 0.9469; (R1) 0.9503; More… Intraday bias in EUR/CHF remains neutral as consolidation from 0.9402 is extending. Overall outlook stays bearish as long as 0.9543 resistance holds. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 […]