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Daily Pivots: (S1) 0.6143; (P) 0.6197; (R1) 0.6277; More… A short term bottom should be formed at 0.5913 with break of 55 4H EMA (now at 0.6158). Intraday bias is now on the upside for 38.2% retracement of 0.6941 to 0.5913 at 0.6316. Sustained break there will target 61.8% retracement at 0.6548. On the downside, […]

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EUR/USD Daily Outlook

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13/12/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8851; (P) 0.8890; (R1) 0.8962; More… USD/CHF’s rally is in progress and intraday bias stays on the upside. Firm break of 0.8965 resistance will resume the whole rally from 0.8374. Next target is 61.8% projection of 0.8374 to 0.8956 from 0.8735 at 0.9095. On the downside, below 0.8853 minor support will turn […]
27/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3490; (P) 1.3510; (R1) 1.3524; More… USD/CAD is staying in sideway trading below 1.3585 and intraday bias remains neutral. With 1.3357 support intact, further rally is expected. On the upside, break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance. However, break of 1.3357 will argue that the rebound from […]
17/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.68; (P) 192.24; (R1) 192.84; More.. Intraday bias in GBP/JPY remains neutral as range trading continues. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. Nevertheless, decisive break of 189.97 support will indicate that it’s at least correcting the rise from 178.32, and target 38.2% […]