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Daily Pivots: (S1) 0.6331; (P) 0.6351; (R1) 0.6364; More… Intraday bias in AUD/USD remains neutral for the moment. Rebound from 0.6087 is seen as a correction to the fall from 0.6941. In case of another rise, upside should be limited by 38.2% retracement of 0.6941 to 0.6087 at 0.6413. On the downside, break of 0.6234 […]

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19/03/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6549; (P) 0.6562; (R1) 0.6572; More… AUD/USD’s fall from 0.6666 is in progress and intraday bias stays on the downside for 0.6476 support. Break there will argue that decline from 0.6870 is ready to resume through 0.6442 low. On the upside, break of 0.6583 minor resistance will turn intraday bias neutral first. […]
10/12/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8763; (P) 0.8784; (R1) 0.8808; More… Outlook in USD/CHF remains unchanged for now. Corrective fall from 0.8956 could have completed at 0.8735 after hitting 55 D EMA. Further rally is in favor to retest 0.8956 high first. However, considering head and shoulder top pattern, firm break of the EMA will argue that […]
12/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.45; (P) 189.08; (R1) 189.78; More….. GBP/JPY recovered after dipping to 187.94 and intraday bias remains neutral. On the downside, below 187.94 will resume the decline from 191.29 to 38.2% retracement of 178.32 to 191.29 at 186.33. Sustained break there will raise the chance of larger scale correction and target 61.8% retracement […]