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Daily Pivots: (S1) 0.8805; (P) 0.8823; (R1) 0.8849; More… Intraday bias in USD/CHF remains neutral as consolidations continue above 0.8757. In case of stronger recovery, upside should be limited by 0.8911 support turned resistance. On the downside, break of 0.8757 will resume the fall from 0.9200 to 61.8% retracement of 0.8374 to 0.9200 at 0.8690. […]

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20/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0842; (P) 1.0859; (R1) 1.0884; More… Intraday bias in EUR/USD remains neutral for consolidation above 1.0834 temporary low. Further decline is in favor as long as 1.0905 resistance holds. On the downside, sustained trading below 55 D EMA (now at 1.0856) will argue that rebound from 1.0694 has completed and bring retest […]
09/10/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3074; (P) 1.3094; (R1) 1.3124; More… Intraday bias in GBP/USD Remains neutral at this point. While corrective fall from 1.3433 might extend lower, strong support should be seen from 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) to contained downside. Above 1.3174 minor resistance will turn bias back to […]
27/01/2025

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4311; (P) 1.4349; (R1) 1.4382; More… Intraday bias in USD/CAD remains neutral as sideway trading continues below 1.4516. Further rally is expected as long as 1.4260 support holds. On the upside, firm break of 1.4516 will resume larger up trend to 1.4667/89 key resistance zone. Nevertheless, firm break of 1.4260 will turn […]