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Daily Pivots: (S1) 1.2716; (P) 1.2758; (R1) 1.2837; More… Intraday bias in GBP/USD stays on the upside for 1.2810 resistance. Firm break there will extend the rally from 1.2099 to 61.8% retracement of 1.3433 to 1.2099 at 1.2923. For now, further rise is expected as long as 1.2558 support holds, in case of retreat. In […]

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EUR/GBP Daily Outlook

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03/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9026; (P) 0.9038; (R1) 0.9052; More… Intraday bias in USD/CHF remains on the upside as rise from 0.8825 is in progress. Fall from 0.9223 might have completed as a three-wave corrective move to 0.8825. Sustained trading above the near term falling channel resistance will bring further rally to 0.9157 resistance next. On […]
24/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9128; (P) 0.9143; (R1) 0.9160; More…. Intraday bias in USD/CHF remains neutral first and further rise is in favor with 0.9077 minor support intact. On the upside, above 0.9157 will resume the rebound from 0.8987 to retest 0.9223 high. On the downside, break of 0.9077 support will bring retest of 0.8987. Break […]
06/02/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0747; (P) 1.0822; (R1) 1.0864; More… EUR/USD’s fall from 1.1138 continues today, and the break of trend line in 4H MACD indicates downside acceleration. Intraday bias remains on the downside. Sustained break of 1.0722 structural support will argue that whole rise from 1.0447 has completed. Deeper fall would then be seen to […]