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Daily Pivots: (S1) 0.6274; (P) 0.6299; (R1) 0.6342; More… AUD/USD edged higher today but stays below 0.6329 resistance. Intraday bias remains neutral first. On the downside, break of 0.6234 support will suggest that rebound from 0.6087 has completed after rejection by 0.6329. Intraday bias will be back on the upside for retesting 0.6087 low. However […]

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21/11/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8311; (P) 0.8335; (R1) 0.8357; More… Intraday bias in EUR/GBP stays neutral at this point. Outlook also remains bearish with 0.8446 resistance intact. On the downside, below 0.8306 minor support will turn bias back to the downside for 0.8259 first, and then 0.8201 key support. Nevertheless, firm break of 0.8446 will confirm […]
22/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8878; (P) 0.8936; (R1) 0.9033; More…. Intraday bias in USD/CHF remains on the upside for the moment. Current rally from 0.8332 is in progress for 100% projection projection of 0.8550 to 0.8884 from 0.8728 at 0.9062. On the downside, below 0.8922 minor support will turn intraday bias neutral again. But, outlook will […]
27/04/2024

EUR/USD Weekly Outlook

EUR/USD recovered further to 1.0752 last week but retreated since then. Initial bias is turned neutral this week first. On the upside, above 1.0752 will resume the rebound to 55 D EMA (now at 1.0780). On the downside, break of 1.0677 minor support will turn intraday bias to the downside for retesting 1.0601 low. In […]