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Daily Pivots: (S1) 1.2626; (P) 1.2657; (R1) 1.2693; More… No change in GBP/USD’s outlook as range trading continues. Intraday bias remains neutral at this point. On the upside, break of 1.2708 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 […]

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05/02/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6473; (P) 0.6541; (R1) 0.6581; More… Intraday bias in AUD/USD stays on the downside for the moment. Fall from 0.6870 is in progress for 61.8% projection of 0.6870 to 0.6524 from 0.6621 at 0.6407. On the upside, break of 0.6621 resistance is needed to signal short term bottoming. Otherwise, outlook will stay […]
21/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.75; (P) 156.03; (R1) 156.56; More… Outlook in USD/JPY is unchanged and intraday bias stays neutral. Price actions from 160.20 are seen as a corrective pattern. On the upside, break of 156.78 will resume the rise from 151.86, as the second leg, to 100% projection of 151.86 to 156.78 from 153.59 at […]
15/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9047; (P) 0.9074; (R1) 0.9094; More…. No change in USD/CHF’s outlook. Intraday bias stays neutral and further decline is in favor as long as 55 4H EMA (now at 0.9080) holds. On the downside, break of 0.9005 and sustained trading below 55 D EMA (now at 0.9009) will bring deeper fall to […]