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Daily Pivots: (S1) 0.8540; (P) 0.8553; (R1) 0.8566; More… Intraday bias in EUR/GBP remains neutral for the moment and some more consolidations would be seen. On the downside, break of 0.8497 will resume recent fall to 0.8464 projection level. However, considering bullish convergence condition in 4H MACD, sustained break of 0.8571 will confirm short term […]

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01/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9529; (P) 0.9545; (R1) 0.9574; More… EUR/CHF’s rally resumed after brief consolidations, and getting support from 4H MACD. Intraday bias is back on the upside for 0.9574 fibonacci resistance. Firm break there will target 161.8% projection of 0.9252 to 0.9471 from 0.9304 at 0.9658 next. On the downside, below 0.9501 support will […]
26/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6236; (P) 1.6278; (R1) 1.6357; More… A temporary low was formed at 1.6184 with current recovery and intraday bias in EUR/AUD is turned neutral first. But t outlook will remains bearish as long as 1.6629 resistance holds. Break of 1.6184 will extend the whole decline from 1.7180 and target 61.8% projection of […]
23/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8496; (P) 0.8515; (R1) 0.8541; More….. Intraday bias in USD/CHF stays on the downside despite loss of momentum. Fall from 0.8747 is in progress for retesting 0.8431. Firm break there will resume whole decline from 0.9223 towards 0.8332 low. On the upside, above 0.8560 minor resistance will turn intraday bias neutral first. […]