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Daily Pivots: (S1) 0.8800; (P) 0.8863; (R1) 0.8900; More… No change in USD/CHF’s outlook and intraday bias stays on the downside. As noted before, rise from 0.8374 should have completed at 0.9222, after rejection by 0.9223 key resistance. Deeper fall should be seen to 61.8% retracement of 0.8374 to 0.9200 at 0.8690 next. On the […]

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EUR/AUD Weekly Outlook

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10/12/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2712; (P) 1.2756; (R1) 1.2794; More… Intraday bias in GBP/USD remains neutral for the moment. Rebound from 1.2486 short term bottom could still extend higher. But outlook will stay bearish as long as 55 D EMA (now at 1.2839) holds. On the downside, below 1.2615 minor support will bring retest of 1.2486 […]
23/05/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9117; (P) 0.9138; (R1) 0.9178; More…. Intraday bias in USD/CHF is turned neutral with current retreat. On the upside, above 0.9157 will resume the rebound from 0.8987 to retest 0.9223 high. On the downside, break of 0.9077 support will bring retest of 0.8987. Break there will resume the fall from 0.9223 to […]
11/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3363; (P) 1.3383; (R1) 1.3399; More… Intraday bias in USD/CAD is turned neutral with current retreat. But further rally is in favor as long as 1.3286 minor support holds. Above 1.3413 will resume the rebound from 1.3176 to 38.2% retracement of 1.3897 to 1.3176 at 1.3451. Firm break there will pave the […]