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Daily Pivots: (S1) 0.9633; (P) 0.9654; (R1) 0.9690; More…. Intraday bias in EUR/CHF is turned neutral with current recovery. Some consolidations could be seen, but another fall is expected as long as 55 D EMA (now at 0.9747) holds. Below 0.9613 will target 0.9563 support. Decisive break there will argue that whole rise from 0.9252 […]

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06/08/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2719; (P) 1.2769; (R1) 1.2829; More… GBP/USD’s fall from 1.3043 resumed by breaking 1.2706 temporary low and intraday bias is back on the downside for 1.2612 support. Decisive break there should confirm that rise from 1.2298 has completed, and target this support next. For now, risk will remain on the downside as […]
19/03/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2716; (P) 1.2731; (R1) 1.2745; More… Intraday bias in GBP/USD remains on the downside at this point. Fall from 1.2892 is in progress for 55 D EMA (now at 1.2677). Firm break there will target 1.2517 structural support. For now, risk will stay mildly on the downside as long as 1.2822 minor […]
21/05/2024

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3602; (P) 1.3618; (R1) 1.3641; More… USD/CAD recovered notably today but stays below 1.3689 resistance. Intraday bias stays neutral first. Strong bounce from current level will confirm support by 55 D EMA (now at 1.3628). Break of 1.3689 minor resistance will argue that correction from 1.3845 has completed, and bring stronger rally […]