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Daily Pivots: (S1) 0.7959; (P) 0.7988; (R1) 0.8019; More…. Intraday bias in USD/CHF remains on the downside at this point. Current down trend should target 61.8% projection of 0.9200 to 0.8038 from 0.8475 at 0.7757 next. On the upside, above 0.8017 minor resistance will turn intraday bias neutral and bring consolidations. But recovery should be […]

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EUR/USD Daily Outlook

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08/05/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.7442; (P) 1.7533; (R1) 1.7679; More… Intraday bias in EUR/AUD is turned neutral first with current recovery. On the upside, firm break of 1.7886 resistance will argue that fall from 1.8553 has completed as a correction at 1.7380. Intraday bias will be turned back to the upside for retesting 1.8554. However, sustained […]
18/10/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2982; (P) 1.3003; (R1) 1.3031; More… Intraday bias in GBP/USD remains neutral for the moment. On the downside, sustained trading below 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) will argue that whole rise from 1.2298 has completed and bring deeper fall to 61.8% retracement at 1.2732. Nevertheless, strong […]
18/05/2024

USD/CHF Weekly Outlook

USD/CHF rebounded strongly after edging lower to 0.8987 last week, but upside is capped below 0.9101 resistance. Initial bias stays neutral this week first. On the upside, firm break of 0.9101 will argue that corrective fall from 0.9223 has completed with three waves down to 0.8987 already. Further rise should then be seen to retest […]