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Daily Pivots: (S1) 0.6677; (P) 0.6706; (R1) 0.6761; More… AUD/USD’s rally from 0.6348 is in progress and intraday bias stays on the upside for 0.6798 resistance. Firm break there will argue that larger rise from 0.6269 is ready to resume through 0.6870 resistance. On the downside, below 0.6676 minor support will turn intraday bias neutral […]

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18/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8536; (P) 0.8544; (R1) 0.8558; More… Range trading continues in EUR/GBP and intraday bias remains neutral. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target 0.8464 projection level first. However, firm break of 0.8577 will turn bias back to the upside for stronger rebound. […]
06/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9001; (P) 0.9055; (R1) 0.9104; More…. Intraday bias in USD/CHF remains on the downside for the moment. Sustained break of 55 D EMA (now at 0.8989) will bring deeper fall to 38.2% retracement of 0.8332 to 0.9223 at 0.8883. On the upside, above 0.9087 minor resistance will turn intraday bias again first. […]
08/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8727; (P) 0.8754; (R1) 0.8780; More…. USD/CHF’s rebound from 0.8655 is in progress and intraday bias stays on the upside for 0.8886 support turned resistance first. Decisive break there will indicate that whole fall from 0.9243 has completed, and bring stronger rally to 0.9111 resistance next. On the downside, below 0.8727 minor […]