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Daily Pivots: (S1) 1.4160; (P) 1.4178; (R1) 1.4199; More… Intraday bias in USD/CAD remains on the upside for the moment. Current rally is part of the larger up trend and should target 1.4391 projection level. On the downside, below 1.4092 minor support will delay the bullish case, and bring more consolidations first, before staging another […]

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24/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9665; (P) 0.9678; (R1) 0.9688; More…. Immediate focus is now on 0.9641 temporary low in EUR/CHF. Firm break there and sustained trading below 38.2% retracement of 0.9476 to 0.9772 at 0.9659 will extend the fall from 0.9772 to 61.8% retracement at 0.9589 and possibly below. On the upside, above 0.9690 minor resistance […]
17/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3150; (P) 1.3185; (R1) 1.3251; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. On the upside, decisive break of 1.3265 will resume larger rally 1.3364 projection level next. On the downside, below, 1.3177 minor support will turn bias to the downside, to extend the correction from 1.3265 through 1.3000 […]
28/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0844; (P) 1.0856; (R1) 1.0871; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.0894 could extend further. On the upside, break of 1.0894 will resume the rally from 1.0601 to 1.0980 resistance next. However, break of 1.0804 will turn bias back to the downside for 1.0752 resistance turned support. In […]