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Daily Pivots: (S1) 0.8798; (P) 0.8828; (R1) 0.8850; More…. USD/CHF’s retreat from 0.8891 extends lower today but stays well above 0.8741 support. Intraday bias remains neutral and further rally is still in favor. On the upside, break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. Nevertheless, break of 0.8741 support […]

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25/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6566; (P) 0.6593; (R1) 0.6608; More… AUD/USD’s fall from 0.6798 accelerates lower today and there is no sign of bottoming. Intraday bias stays on the downside for 61.8% retracement of 0.6361 to 0.6798 at 0.6528. Sustained break there will pave the way back to 1.6361 support next. On the upside, above 0.6609 […]
12/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2858; (P) 1.2903; (R1) 1.2960; More… Intraday bias in GBP/USD remains on the upside for 61.8% projection of 1.2298 to 1.2859 from 1.2612 at 1.2959. Decisive break there would prompt upside acceleration through 1.3141 resistance to 100% projection at 1.3173. On the downside, below 1.2845 resistance turned support will turn intraday bias […]
19/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 179.99; (P) 180.59; (R1) 181.20; More… GBP/JPY’s rebound from 178.32 accelerates higher today and focus is back on 184.43 resistance. Firm break there will argue that pull back from 188.63 has completed and bring retest of this high. Nevertheless, rejection by 184.43, followed by break of 178.32, will resume the whole fall […]