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AUD/USD stayed in range trading below 0.6511 short term top last week. Initial bias remains neutral this week first, and further rise is in favor as long as 0.6356 support holds. One the upside, break of 0.6511 will resume the rise from 0.5913 and target 61.8% retracement of 0.6941 to 0.5913 at 0.6548. However, firm […]

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19/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8839; (P) 0.8859; (R1) 0.8898; More… Intraday bias in USD/CHF is turned neutral first with current recovery and break of 0.8884 minor resistance. Some consolidations would be seen above 0.8819 temporary low. But further decline is expected as long as 0.9049 resistance holds. Break of 0.8819 will resume the fall from 0.9223 […]
09/12/2023

USD/CHF Weekly Outlook

USD/CHF edged lower to 0.8665 last week but recovered notably since then. A short term bottom should be formed on bullish convergence condition in 4H MACD. Initial bias stays on the upside this week for 0.8886 support turned resistance first. Decisive break there will indicate that whole fall from 0.9243 has completed, and bring stronger […]
11/02/2025

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2341; (P) 1.2381; (R1) 1.2408; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. While corrective rebound from 1.2099 might still extend, upside should be limited by 38.2% retracement of 1.3433 to 1.2099 at 1.2609. On the downside, break of 1.2248 support will bring retest of 1.2099 low. Firm break […]