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Daily Pivots: (S1) 1.2560; (P) 1.2592; (R1) 1.2634; More… Intraday bias in GBP/USD remains neutral for the moment and outlook is unchanged. On the upside, break of 1.2691 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will argue […]

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13/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8748; (P) 0.8772; (R1) 0.8796; More…. USD/CHF is staying in tight range above 0.8728 and intraday bias stays neutral. On the downside, sustained break of 0.8741 will argue that the whole rebound from 0.8332 might have completed, and bring deeper fall to 0.8550 support. Nevertheless, strong bounce from current level will retain […]
09/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6480; (P) 1.6640; (R1) 1.6723; More… Intraday bias in EUR/AUD remains neutral at this point. While deeper retreat cannot be ruled out, outlook will remain bullish as long as 1.6474 support holds. On the upside, above 1.6798 minor resistance will turn bias back to the upside for retesting 1.7180. Firm break there […]
26/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.94; (P) 161.83; (R1) 162.44; More…. Intraday bias in EUR/JPY remains neutral as range trading continues below 163.86. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the downside, however, firm break of 159.80 […]