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Daily Pivots: (S1) 1.0760; (P) 1.0783; (R1) 1.0806; More… EUR/USD’s fall from 1.1213 is in progress and intraday bias stays on the downside for 61.8% retracement of 1.0447 to 1.1213 at 1.0740. Firm break there will target 1.0601 support next. On the upside, break of 1.0871 resistance is needed to indicate short term bottoming. Otherwise, […]

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01/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8753; (P) 0.8797; (R1) 0.8823; More… USD/CHF’s decline from 0.9223 resumed by breaking 0.8776 and intraday bias is back on the downside. Deeper fall should be seen to 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. For now, risk will stay on the downside as long as 0.8874 resistance holds, in […]
13/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6678; (P) 0.6702; (R1) 0.6747; More… Intraday bias in AUD/USD remains neutral for the moment. Some more consolidations could still be seen. On the upside, break of 0.6766 resistance will suggest that pull back from 0.6823 has completed. Intraday bias will be back on the upside for 0.6823 and above. However, break […]
27/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8668; (P) 0.8677; (R1) 0.8687; More… Intraday bias in EUR/GBP stays on the upside despite some loss of upside momentum. Current rebound from 0.8548 would target 0.8764 key resistance next. EUR/GBP’s rebound from 0.8548 is still in progress and intraday bias remains on the upside. Further rise should be seen to 0.8764 […]