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Daily Pivots: (S1) 0.6714; (P) 0.6728; (R1) 0.6755; More… Intraday bias in AUD/USD remains neutral for the moment. Further decline is expected as long as 0.6809 minor resistance holds. Below 0.6701 will resume the fall from 0.6941 short term top. Sustained trading below 55 D EMA (now at 0.6744) should confirm rejection by 0.6941 fibonacci […]

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12/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8770; (P) 0.8790; (R1) 0.8790; More… Intraday bias in USD/CHF remains on the upside for the moment. Current rally from 0.8374 is in progress for 61.8% retracement of 0.9223 to 0.8374 at 0.8899. Sustained trading above there will pave the way towards 0.9223 high. On the downside, below 0.8773 support will turn […]
22/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 187.63; (P) 187.94; (R1) 188.57; More… Intraday bias in GBP/JPY is turned neutral first with a temporary top formed at 188.89. Further rally is expected as long as 186.14 resistance turned support holds. ON the upside, break of 188.89, and sustained trading above 188.63 will confirm up trend resumption. Next target is […]
05/04/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9738; (P) 0.9794; (R1) 0.9825; More… EUR/CHF retreated notably after edging higher to 0.9847 and intraday bias is turned neutral. On the upside, above 0.9847 will resume the rally from 0.9252 to 38.2% projection of 0.9304 to 0.9818 from 0.9709 at 0.9905. However, considering bearish divergence condition in 4H MACD, break of […]