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Daily Pivots: (S1) 1.2875; (P) 1.2927; (R1) 1.2970; More… Intraday bias in GBP/USD remains neutral for the moment and more consolidations could be seen below 1.3042 resistance. Further decline is expected as long as 1.3042 resistance holds. Below 1.2842 will resume the fall from 1.3433 to 61.8% retracement of 1.2298 to 1.3433 at 1.2732. However, […]

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GBP/USD Weekly Outlook

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USD/CHF Daily Outlook

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13/11/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.56; (P) 163.95; (R1) 164.64; More…. EUR/JPY turned sideway after drawing support from 55 D EMA (now at 163.34), and intraday bias is turned neutral first. On the downside, sustained trading below 55 D EMA will argue that whole corrective rise from 154.40 has completed with three waves up to 166.67. Deeper […]
10/08/2024

EUR/CHF Weekly Outlook

EUR/CHF rebounded strongly after initial dive to 0.9209 last week. But upside is limited by 0.9476 support turned resistance so far. Near term outlook remains bearish for now. On the downside, break of 0.9354 minor support will turn bias back to the downside for retesting 0.9209 low first. On the upside, however, sustained break of […]
04/11/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6545; (P) 0.6568; (R1) 0.6583; More… AUD/USD recovers further today as consolidation from 0.6536 continues. Intraday bias stays neutral at this point, and further decline remains expected as long as 55 D EMA (now at 0.6692) holds. On the downside, sustained break of 0.61.8% retracement of 0.6269 to 0.6941 at 0.6526 will […]