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Daily Pivots: (S1) 0.8191; (P) 0.8212; (R1) 0.8231; More…. Intraday bias in USD/CHF is turned neutral with current recovery. For now, rise will stay on the downside as long as 0.8475 resistance holds, in case of recovery. Below 0.8187 will target 0.8038 low. Firm break there will resume larger down trend to 61.8% projection of […]

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GBP/JPY Daily Outlook

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26/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2676; (P) 1.2726; (R1) 1.2774; More… GBP/USD is still bounded in consolidation pattern from 1.2826 and intraday bias remains neutral. Deeper pull back cannot be ruled out. But downside should be contained above 1.2499 support to bring rebound. On the upside, firm break of 1.2784 resistance will suggest that consolidation pattern has […]
15/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6596; (P) 0.6617; (R1) 0.6655; More… A temporary top should be in place at 0.6642 in AUD/USD with the current retreat and intraday bias is turned neutral for some consolidations. Further rally is expected as long as 0.6506 support holds. Above 0.6442 will extend the rebound from 0.6348 to 0.6798 resistance next. […]
17/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8426; (P) 0.8457; (R1) 0.8479; More… USD/CHF is still bounded in range trading and intraday bias remains neutral for the moment. With 0.8548 resistance intact, further decline is still expected. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger […]