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Daily Pivots: (S1) 1.2792; (P) 1.2833; (R1) 1.2903; More… GBP/USD’s extended rebound and break of 1.2839 resistance argues that pull back from 1.3043 has completed at 1.2664 already. Intraday bias is back on the upside for retesting 1.3043. firm break there will resume whole rally from 1.2998 to 61.8% projection of 1.2298 to 1.3043 from […]

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25/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8813; (P) 0.8868; (R1) 0.8907; More… USD/CHF’s fall from 0.9223 resumed by breaking 0.8819 support. Intraday bias stays on the downside for 61.8% retracement of 0.8332 to 0.9223 at 0.8672. For now, risk will stay on the downside as long as 0.8923 resistance holds, in case of recovery. In the bigger picture, […]
27/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6153; (P) 1.6184; (R1) 1.6210; More… Intraday bias in EUR/AUD is back on the downside with breach of 1.6148 temporary low. Current fall from 1.6844 should target 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106. Meanwhile, considering bullish convergence condition in 4H MACD, firm break of 1.6265 resistance should indicate […]
08/03/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2750; (P) 1.2781; (R1) 1.2839; More… GBP/USD rises further to as high as 1.2819 so far today and intraday bias remains on the upside for 1.2826 resistance. Firm break there will resume whole rally from 1.2036, and target 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005 next. On the downside, […]