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Daily Pivots: (S1) 1.2645; (P) 1.2790; (R1) 1.2871; More… Intraday bias in GBP/USD remains on the downside as fall from 1.3206 short term top continues. Sustained trading below 38.2% retracement of 1.2099 to 1.3206 at 1.2783 will target 61.8% retracement at 1.2522. On the upside, above 1.2933 minor resistance will turn intraday bias neutral first. […]

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EUR/GBP Daily Outlook

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USD/CHF Daily Outlook

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04/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8926 (P) 0.8983; (R1) 0.9016; More…. USD/CHF accelerates to as low as 0.8921 so far today, touching 100% projection of 0.9223 to 0.8987 from 0.9157 at 0.8921. There is no sign of bottoming yet and intraday bias stays on the downside. Break of 0.8921 will target 0.8883 fibonacci level. On the upside, […]
11/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 141.86; (P) 142.79; (R1) 143.37; More… USD’s fall from 161.94 resumed by breaking through 141.76 temporary low. Intraday bias is back on the downside for 140.25 support, and possibly further to 139.26 fibonacci level too. On the upside, above 143.70 minor resistance will turn intraday bias neutral first. But outlook will stay […]
13/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6360; (P) 1.6417; (R1) 1.6511; More… Intraday bias in EUR/AUD remains neutral as consolidation from 1.6267 is extending. Outlook will stay bearish as long as 1.6515 resistance holds. On the downside, break of 1.6267 will resume the whole decline from 1.7062 to 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106 […]