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Daily Pivots: (S1) 150.35; (P) 150.75; (R1) 151.45; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. Strong resistance is still expected from 150.92 to complete the corrective recovery from 146.52. On the downside break of 149.53 support will bring retest of 146.52 first. Sustained trading below 61.8% retracement of 139.57 to 158.86 […]

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AUD/USD Weekly Report

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09/03/2024

EUR/GBP Weekly Outlook

EUR/GBP stayed in range of 0.8497/8577 last week and outlook is unchanged. Initial bias remains neutral this week first. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target 0.8464 projection level first. Nevertheless, firm break of 0.8577 will turn bias back to the upside for stronger rebound. […]
07/01/2024

EUR/CHF Weekly Outlook

EUR/CHF stayed in consolidation above 0.9252 last week and outlook is unchanged. Initial bias stays neutral this week first. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to […]
22/10/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8642; (P) 0.8653; (R1) 0.8673; More… USD/CHF is staying in consolidation below 0.8668 temporary top and intraday bias stays neutral. Further rally is expected as long as 0.8548 resistance turned support holds. Above 0.8668 will target 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Sustained break there will argue that fall from […]