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Daily Pivots: (S1) 1.3668; (P) 1.3686; (R1) 1.3712; More… Intraday bias in USD/CAD remains neutral for the moment. Considering bullish convergence condition in 4H MACD, firm break of 1.3741 will indicate short term bottoming at 1.3633. Intraday bias will turn back to the upside for stronger rebound to 1.4014 resistance, as a correction to fall […]

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GBP/USD Daily Outlook

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USD/CHF Mid-Day Outlook

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11/11/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8716; (P) 0.8742; (R1) 0.8784; More… USD/CHF’s rally resumed by breaking through 0.8733 temporary top and intraday bias is back on the upside. Current rise from 0.8374 should target 61.8% retracement of 0.9223 to 0.8374 at 0.8899 next. On the upside, below 0.8752 minor support will turn intraday bias neutral again. But […]
07/02/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6487; (P) 1.6542; (R1) 1.6578; More… Intraday bias in EUR/AUD stays neutral for the moment, as consolidation from 1.6800 is still extending. Strong support is expected from 38.2% retracement of 1.5963 to 1.6800 at 1.6480 to contain downside. On the upside, firm break of 1.6800 will resume the rally from 1.5963. However, […]
21/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2596; (P) 1.2667; (R1) 1.2710; More… Intraday bias in GBP/USD remains neutral for the moment as consolidation from 1.2793 is extending. While sideway trading could extend, further rally is still expected as long as 1.2499 support holds. . On the upside, firm break of 1.2793 will resume the rally from 1.2036. Next […]