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Daily Pivots: (S1) 0.9716; (P) 0.9727; (R1) 0.9746; More… Intraday bias in EUR/CHF is turned neutral first with current retreat. Another rally is expected as long 0.9689 support holds. On the upside, above 0.9818 will resume the rise from 0.9252 towards 1.0095 key resistance next. Nevertheless, considering bearish divergence condition in 4H MACD, break of […]

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27/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3457; (P) 1.3491; (R1) 1.3519; More… Intraday bias in USD/CAD remains on the downside as fall from 1.3946 is in progress. Firm break of 1.3477 support will pave the way to 1.3091/3176 support zone. On the upside, above 1.3570 support turned resistance will turn intraday bias neutral and bring consolidations first, before […]
06/03/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2672; (P) 1.2704; (R1) 1.2736; More… Gold’s rise from 1.2517 resumed by breaking through 1.2708 and intraday bias is back on the upside. Further rally would be seen to 1.2826 resistance first. Firm break there will target 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005 next. For now, further rise […]
21/05/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9087; (P) 0.9098; (R1) 0.9118; More…. Intraday bias in USD/CHF stays mildly on the upside at this point. Corrective fall from 0.9223 might have completed with three waves down to 0.8987 already. Further rally should be seen back to retest 0.9223. On the downside, below 0.9063 minor support is turned neutral first. […]