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Daily Pivots: (S1) 0.9377; (P) 0.9404; (R1) 0.9424; More…. EUR/CHF is staying in consolidations above 0.9359 and intraday bias remains neutral. While another recovery cannot be ruled out, risk will stay on the downside as long as 0.9516 resistance holds. Firm break of 0.9336 support will solidify the case that corrective rebound from 0.9204 has […]

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22/10/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6633; (P) 0.6679; (R1) 0.6704; More… AUD/USD recovered quickly after brief breach of 0.6657 and intraday bias stays neutral first. Further decline is expected as long as 0.6758 resistance holds. Below 0.6657 will target 0.6621 first. Firm break there will confirm bearish reversal. However, break of 0.6758 will suggest that pullback from […]
24/10/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2887; (P) 1.2941; (R1) 1.2974; More… GBP/USD’s fall from 1.3433 continues today and intraday bias stays on the downside. Deeper decline would be seen to 61.8% retracement of 1.2298 to 1.3433 at 1.2732. On the upside, above 1.3070 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another […]
28/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3425; (P) 1.3462; (R1) 1.3480; More… USD/CAD’s decline from 1.3946 is still in progress today and intraday bias remains on the downside. Deeper fall would be seen to 1.3176 support next. On the upside, above 1.3514 minor resistance will turn intraday bias neutral first. But outlook will now stay bearish as long […]