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Daily Pivots: (S1) 0.6377; (P) 0.6405; (R1) 0.6439; More… Intraday bias in AUD/USD remains neutral and more consolidations could be seen below 0.6511. On the upside, break of 0.6511 will resume the rally from 0.5913 to 61.8% retracement of 0.6941 to 0.5913 at 0.6548. However, considering bearish divergence condition in 4H MACD, break of 0.6364 […]

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17/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2948; (P) 1.2965; (R1) 1.2992; More… GBP/USD is staying in consolidation below 1.2994 temporary top and intraday bias remains neutral. Further rally is expected as long as 1.2859 resistance turned support holds. Above 1.2994 will resume the rally from 1.2298 and target 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, […]
16/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6226; (P) 1.6284; (R1) 1.6320; More… Range trading continues in EUR/AUD and intraday bias stays neutral. While stronger recovery might be seen, further decline is expected as long as 1.6494 resistance holds. Fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Break of 1.6216 will turn […]
20/02/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8802; (P) 0.8819; (R1) 0.8841; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.8884 is still extending. Further rally is expected as long as 0.8727 resistance turned support holds. On the upside, break of 0.8885 will resume the rise from 0.8332 and target and 100% projection of 0.8332 to 0.8727 […]