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Daily Pivots: (S1) 0.8776; (P) 0.8794; (R1) 0.8803; More…. USD/CHF is still bounded in consolidation from 0.8884 and intraday bias remains neutral. With 0.8727 resistance turned support intact, further rally is expected. On the upside, above 0.8884 will resume the rise from 0.8332 towards 0.9243 resistance. However, sustained break of 0.8727 will dampen this bullish […]

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13/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3551; (P) 1.3585; (R1) 1.3625; More… Intraday bias in USD/CAD remains neutral at this point as range trading continues. On the upside, firm break of 1.3265 minor resistance will confirm short term bottoming at 1.3479. More importantly, whole correction from 1.3897 could have completed too. Intraday bias will be back on the […]
25/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6566; (P) 0.6593; (R1) 0.6608; More… AUD/USD’s fall from 0.6798 accelerates lower today and there is no sign of bottoming. Intraday bias stays on the downside for 61.8% retracement of 0.6361 to 0.6798 at 0.6528. Sustained break there will pave the way back to 1.6361 support next. On the upside, above 0.6609 […]
12/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.45; (P) 189.08; (R1) 189.78; More….. GBP/JPY recovered after dipping to 187.94 and intraday bias remains neutral. On the downside, below 187.94 will resume the decline from 191.29 to 38.2% retracement of 178.32 to 191.29 at 186.33. Sustained break there will raise the chance of larger scale correction and target 61.8% retracement […]