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Daily Pivots: (S1) 1.2240; (P) 1.2306; (R1) 1.2375; More… There is no clear sign of bottoming yet in GBP/USD and intraday bias remains on the downside. Sustained trading below 1.2256 fibonacci level will carry larger bearish implications. On the upside, break of 1.2376 will turn intraday bias neutral first. Further break of 1.2486 support turned […]

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29/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6812; (P) 0.6841; (R1) 0.6859; More… AUD/USD continues to lose upside momentum ahead of 0.6894 resistance and intraday bias is turned neutral first. On the upside, decisive break of 0.6894 will extend the rally from 0.6269 towards 0.7156 key resistance next. On the downside, however, break of 0.6796 support will indicate short […]
13/11/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0591; (P) 1.0627; (R1) 1.0659; More… Intraday bias in EUR/USD remains on the downside for the moment. Fall from 1.1213 should target 100% projection of 1.1213 to 1.0760 from 1.0936 at 1.0483. On the upside, above 1.0686 minor resistance will turn intraday bias neutral first. But outlook will stay bearish as long […]
08/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9695; (P) 0.9718; (R1) 0.9733; More…. EUR/CHF dips further today but stays above 0.9639 minor support. Intraday bias remains neutral and further rally is still expected. Above 0.9754 will target 0.9928 high. Nevertheless, break of 0.9639 will resume the rally from 0.9476 and turn bias back to the downside for 0.9476 low […]