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Daily Pivots: (S1) 1.1084; (P) 1.1102; (R1) 1.1129; More…. EUR/USD’s break of 1.1104 minor resistance suggests that pullback from 1.1200 has completed at 1.1025 already. Intraday bias is back on the upside for retesting 1.1200 first. Firm break there will resume larger rally and target 61.8% projection of 1.0776 to 1.1200 from 1.1025 at 1.1287. […]

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02/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6739; (P) 0.6778; (R1) 0.6803; More… AUD/USD is extending the consolidation pattern from 0.6823 and intraday bias remains neutral. On the upside, break of 0.6823 will target 0.6870 resistance. Firm break there will target 100% projection of 0.6269 to 0.6870 from 0.6348 at 0.6949. However, break of 0.6696 support will indicate short […]
26/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8444; (P) 0.8475; (R1) 0.8536; More… USD/CHF is still bounded in range of 0.8374/8548 and intraday bias remains neutral. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, break of 0.8548 resistance will turn bias […]
30/10/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8293; (P) 0.8320; (R1) 0.8340; More… EUR/GBP is still staying in range above 0.8295 after repeated rejection by 55 4H EMA and intraday bias remains neutral. Outlook stays bearish with 0.8433 resistance intact. On the downside, break of 0.8294 will resume larger down trend to 0.8201 key support next. Strong support could […]