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Daily Pivots: (S1) 0.6392; (P) 0.6425; (R1) 0.6444; More… No change in AUD/USD’s outlook as sideway trading continues. Intraday bias stays neutral and further rise is in favor with 0.6356 support intact. One the upside, break of 0.6511 will resume the rise from 0.5913 and target 61.8% retracement of 0.6941 to 0.5913 at 0.6548. However, […]

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GBP/JPY Daily Outlook

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09/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2692; (P) 1.2729; (R1) 1.2786; More… Intraday bias in GBP/USD remains neutral as range trading continues below 1.2826. On the upside, decisive break of 1.2826 high will resume whole rally from 1.2036. Nevertheless, another fall and break of 1.2611 will bring deeper correction to 1.2499 support instead. In the bigger picture, price […]
04/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9424; (P) 0.9484; (R1) 0.9519; More… Despite today’s recovery, further decline is expected in EUR/CHF with 0.9543 minor resistance intact. Retest of 0.9507/16 support zone should be seen next. Decisive break there will resume larger down trend. On the upside, touching 0.9543 minor resistance will delay the bearish case and turn intraday […]
05/03/2025

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8851; (P) 0.8916; (R1) 0.8960; More… Intraday bias in USD/CHF remains on the downside, and focus stays on 38.2% retracement of 0.8374 to 0.9200 at 0.8884. Strong rebound from current level, followed by break of 0.9035 resistance, will retain near term bullishness, and bring retest of 0.9200/23 resistance zone. However, firm break […]