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Daily Pivots: (S1) 1.3106; (P) 1.3136; (R1) 1.3174; More… No change in GBP/USD’s outlook and intraday bias stays on the downside. Sustained trading below 1.3140 support should confirm completion of double top pattern (1.3787, 1.3725). Further decline should then be seen to 61.8% retracement of 1.2099 to 1.3787 at 1.2744 next. On the upside break […]

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USD/CHF Mid-Day Outlook

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AUD/USD Daily Report

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06/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8817; (P) 0.8843; (R1) 0.8860; More…. USD/CHF is still bounded in range below 0.8891 and intraday bias stays neutral. Further rally remains in favor as long as 0.8741 support holds. Break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. Nevertheless, break of 0.8741 support will turn bias […]
30/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0780; (P) 1.0821; (R1) 1.0842; More…. EUR/USD recovered after dipping to 1.0788 and intraday bias is turned neutral first. On the upside, firm break of 1.0894 will resume the rise from 1.0601 towards 1.0980 resistance next. However, sustained trading below 38.2% retracement of 1.0601 to 1.0894 at 1.0782 will argue that rebound […]
21/05/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 143.89; (P) 144.70; (R1) 145.31; More… Intraday bias in USD/JPY stays on the downside at this point. Rebound from 139.87 could have completed as a correction to 148.64 already. Deeper fall would be seen back to retest this support. For now, risk will stay on the downside as long as 146.08 minor […]