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Daily Pivots: (S1) 1.7850; (P) 1.7904; (R1) 1.7943; More… EUR/AUD’s fall from 1.8155 short term top is in progress and intraday bias stays on the downside for 38.2% retracement of 1.7245 to 1.8155 at 1.7807. Sustained break there should confirm that whole rise from 1.7245 has completed. Corrective pattern from 1.8554 should then be in […]

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23/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9103; (P) 0.9113; (R1) 0.9131; More…. Intraday bias in USD/CHF remains neutral at this point. Consolidation from 0.9151 could extend, but further is expected as long as 0.8996 support holds. Break of 0.9151 will resume the larger rise from 0.8332 to 0.9243 resistance. However, firm break of 0.8996 will turn bias to […]
31/10/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8646; (P) 0.8672; (R1) 0.8700; More… Intraday bias in USD/CHF remains neutral as consolidation continues below 0.8699 temporary top. Further rally remains in favor as long as 55 D EMA (now at 0.8609) holds. On the upside, decisive break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall […]
05/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2729; (P) 1.2784; (R1) 1.2861; More… Intraday bias in GBP/USD remains neutral first and further decline is in favor with 1.2863 resistance intact. On the downside, below 1.2706 will target 1.2612 support first. Decisive break there should confirm that rise from 1.2298 has completed. However, break of 1.2863 will turn bias back […]