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Daily Pivots: (S1) 1.0722; (P) 1.0762; (R1) 1.0799; More… Intraday bias in EUR/USD remains mildly on the downside for the moment. Sustained trading below 55 D EMA (now at 1.0770) will extend the fall from 1.1016 short term top to retest 1.0447 support. On the upside, above 1.0816 minor resistance will turn intraday bias neutral […]

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GBP/USD Daily Outlook

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18/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6428; (P) 1.6464; (R1) 1.6488; More… EUR/AUD’s break of 1.6457 support argues that recovery from 1.6256 has completed at 1.6629 already. Intraday bias is back on the downside for 1.6256 support first. Firm break there will resume whole fall from 1.7180 to 61.8% projection of 1.7180 to 1.6256 from 1.6629 at 1.6058. […]
07/09/2024

USD/CHF Weekly Outlook

USD/CHF tried to resume the fall from 0.9223 resumed last week after interim recovery. Initial bias stays on the downside this week for retesting 0.8332 low. Decisive break there will indicate larger down trend resumption. However, break of 0.8536 resistance will now confirm short term bottoming, and turn bias back to the upside for 0.8747 […]
18/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.94; (P) 189.49; (R1) 190.38; More….. Intraday bias in GBP/JPY remains on the upside at this point. Correction from 191.29 should have completed at 187.94 already. Further rise should be seen to retest 191.29 high first. Decisive break there will bring larger up trend resumption. On the downside, below 188.56 minor support […]