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Daily Pivots: (S1) 0.8599; (P) 0.8625; (R1) 0.8654; More…. Further decline is expected in USD/CHF as long as 0.8710 resistance holds. Current fall from 0.9243 is in progress for retesting 0.8551 key support next. On the upside, however, break of 0.8710 will indicate short term bottoming, and turn bias back to the upside for stronger […]

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AUD/USD Daily Report

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27/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3170; (P) 1.3197; (R1) 1.3215; More… Intraday bias in GBP/USD remain son the upside despite some loss of momentum. Current up trend should target 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. On the downside, below 1.3075 minor support will turn intraday bias neutral and bring consolidations, before staging another […]
04/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 151.44; (P) 151.70; (R1) 151.96; More… No change in USD/JPY’s outlook as range trading continues. Intraday bias remains neutral. On the downside, break of 151.02 support should confirm short term topping, and turn bias back to the downside for 55 D EMA (now at 149.51). Nevertheless, sustained break of 151.93 key resistance […]
13/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8592; (P) 0.8602; (R1) 0.8609; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside, below 0.8585 minor support will argue that rebound from 0.8529 has completed, and larger fall might be ready to resume. Intraday bias will be back on the downside for 0.8529 support first. In the […]