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Daily Pivots: (S1) 1.3278; (P) 1.3309; (R1) 1.3354; More… Intraday bias in GBP/USD stays on the upside for 61.8% projection of 1.2664 to 1.3265 from 1.3000 at 1.3371. Firm break there will pave the way to 100% projection at 1.3601 next. On the downside, below 1.3219 minor support will turn intraday bias neutral and bring […]

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03/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9732; (P) 0.9781; (R1) 0.9816; More… EUR/CHF’s break of 0.9748 support argues that rebound from 0.9563 has completed after rejection by 0.9847 resistance. Intraday bias is back on the downside. Further fall would be seen towards 0.9563 as the third leg of the corrective pattern from 0.9847. In the bigger picture, as […]
18/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.34; (P) 194.97; (R1) 196.11; More… Intraday bias in GBP/JPY stays neutral for the moment. On the upside, break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. Sustained break there will target 208.09 high. On the downside, below 192.87 minor support will […]
26/10/2024

USD/CHF Weekly Outlook

USD/CHF’s rise from 0.8374 continued last week but formed a temporary top at 0.8685. Initial bias remains neutral this week first. Further rise is expected as long as 0.8629 minor support holds. Decisive break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall from 0.9223 has completed after defending 0.8332 low. […]