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Daily Pivots: (S1) 0.8646; (P) 0.8672; (R1) 0.8700; More… Intraday bias in USD/CHF remains neutral and more consolidations could be seen below 0.8699 temporary top. But further rally remains in favor as long as 55 D EMA (now at 0.8608) holds. On the upside, decisive break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 […]

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EUR/USD Mid-Day Outlook

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22/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.90; (P) 161.38; (R1) 161.95; More… Intraday bias in EUR/JPY is turned neutral with a temporary top formed at 161.84. Some consolidations could be seen first. But even in case of deep retreat, further rally is expected as long as 158.55 resistance turned support holds. On the upside, break of 161.84 will […]
07/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8559; (P) 0.8571; (R1) 0.8584; More… Intraday bias in EUR/GBP stays neutral at this point. Focus remains on 0.8582 resistance. Further decline is expected as long as 0.8582 resistance holds. Below 0.8529 will target 0.8491/7 support zone. However, decisive break of 0.8582 will bring stronger rise back to 0.8643 resistance instead. In […]
21/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6650; (P) 0.6679; (R1) 0.6697; More… AUD/USD dips mildly today as consolidation from 0.6713 continues. Intraday bias stays neutral for the moment. Further rally is expected as long as 0.6578 support holds. As noted before, fall from 0.6870 has probably completed with three waves down to 0.6361 already. Above 0.6713 will target […]