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Daily Pivots: (S1) 1.0906; (P) 1.0919; (R1) 1.0929; More….. Intraday bias in EUR/USD remains for the moment. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. On the upside, above 1.0944 minor resistance will bring retest of 1.1007 first. Further break there will resume rally from 1.0665 to 100% […]

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23/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9103; (P) 0.9113; (R1) 0.9131; More…. Intraday bias in USD/CHF remains neutral at this point. Consolidation from 0.9151 could extend, but further is expected as long as 0.8996 support holds. Break of 0.9151 will resume the larger rise from 0.8332 to 0.9243 resistance. However, firm break of 0.8996 will turn bias to […]
24/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6603; (P) 0.6625; (R1) 0.6637; More… AUD/USD’s fall from 0.6798 continues today and intraday bias remains on the downside. Rise from 0.6361 might have completed already. Deeper fall would now be seen to 61.8% retracement of 0.6361 to 0.6798 at 0.6528. On the upside, above 0.6645 minor resistance will turn intraday bias […]
15/02/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2531; (P) 1.2571; (R1) 1.2606; More… Outlook in GBP/USD is unchanged and intraday bias stays neutral at this point. 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 […]