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Daily Pivots: (S1) 0.8247; (P) 0.8269; (R1) 0.8293; More…. Intraday bias in USD/CHF is turned neutral first with current retreat. On the upside, above 0.8346 will target 0.8475 resistance. Firm break there will target 100% projection of 0.8038 to 0.8475 from 0.8187 at 0.8624. However, below 0.8187 will bring retest of 0.8038 low instead. In […]

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EUR/AUD Daily Outlook

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15/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9792; (P) 0.9803; (R1) 0.9819; More… Intraday bias in EUR/CHF remains neutral for the moment. On the upside, decisive break of 0.9835/47 resistance will resume larger rally from 0.9252. On the downside, however, break of 0.9728 will extend the corrective pattern from 0.9847 with another fall, back to 0.9563 support. In the […]
20/02/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2560; (P) 1.2592; (R1) 1.2634; More… Range trading continues in GBP/USD and intraday bias stays neutral. On the upside, break of 1.2691 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 1.2499 will argue that whole rise […]
05/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6708; (P) 0.6720; (R1) 0.6738; More… AUD/USD’s rally is in progress and intraday bias stays on the upside. Current rise from 0.6361 should target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837 next. On the downside, below 0.6699 minor support will turn intraday bias neutral first. But, near term outlook […]