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Daily Pivots: (S1) 0.8874; (P) 0.8911; (R1) 0.8930; More…. Intraday bias in USD/CHF stays neutral with focus on 0.8883 fibonacci level. Strong rebound from current level, followed by break of 0.8987 support turned resistance, will suggest that correction from 0.9223 has completed, and retain near term bullishness. However, sustained break of 0.8883 fibonacci level will […]

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AUD/USD Daily Report

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EUR/USD Mid-Day Outlook

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05/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0795; (P) 1.0845; (R1) 1.0886; More… EUR/USD’s fall from 1.1016 is still in progress and intraday bias remains on the downside. Next target is 55 D EMA (now at 1.0770. Sustained break there will target 1.0447 support next. On the upside, above 1.0912 minor resistance will turn intraday bias neutral again first. […]
22/07/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2886; (P) 1.2930; (R1) 1.2958; More… Intraday bias in GBP/USD remains neutral for consolidation below 1.3043. Downside of consolidations should be contained by 1.2859 resistance turned support to bring another rally. Break of 1.3043 will resume the rise from 1.2298 and target 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, […]
13/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6591; (P) 0.6608; (R1) 0.6620; More… Intraday bias in AUD/USD remains neutral for the moment. Further rally is in favor as long as 55 4H EMA (now at 0.6577) holds. Above 0.6645 will resume the rebound from 0.6361. On the downside, however, firm break of 55 4H EMA will bring deeper fall […]