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Daily Pivots: (S1) 0.6639; (P) 0.6661; (R1) 0.6689; More…. AUD/USD is still extending sideway trading below 0.6713 and intraday bias stays neutral. As long as 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) holds, further rally remains in favor. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 […]

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25/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8953; (P) 0.8987; (R1) 0.9009; More…. Intraday bias in USD/CHF remains neutral for consolidations below 0.9019 temporary top first. Downside of retreat should be contained above 0.8838 support to bring rebound. Break of 0.9019 will resume larger rally from 0.8332. Next target is 100% projection projection of 0.8550 to 0.8884 from 0.8728 […]
08/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8583; (P) 0.8600; (R1) 0.8623; More…. Intraday bias in EUR/GBP is mildly on the upside with breach of 0.8618 temporary top. Rise from 0.8382 is resuming for 0.8643 resistance. Decisive break there will strengthen the case of larger bullish reversal and target 0.8764 key resistance next. On the downside, however, break of […]
29/07/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8427; (P) 0.8439; (R1) 0.8449; More…. Intraday bias in EUR/GBP remains neutral for the moment. Recovery from 0.8382 could extend higher. But outlook will stay bearish as long as 0.8498 resistance holds. Firm break of 0.8382 will resume larger down trend. In the bigger picture, down trend from 0.9267 (2022 high) is […]