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Daily Pivots: (S1) 1.0716; (P) 1.0758; (R1) 1.0784; More… EUR/USD’s decline is still in progress and intraday bias stays on the downside for 1.0694 support. Decisive break there will resume the whole decline from 1.1138 and target 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536. On the upside, above 1.0767 minor resistance will […]

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USD/CHF Mid-Day Outlook

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GBP/USD Daily Outlook

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01/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8971; (P) 0.8990; (R1) 0.9007; More… Intraday bias in USD/CHF stays mildly on the upside for channel resistance (now at 0.9034). Fall from 0.9223 might have completed as a three-wave corrective move to 0.8825. Firm break of channel resistance will target 0.9157 resistance next. On the downside, below 0.8956 minor support will […]
04/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6523; (P) 0.6546; (R1) 0.6590; More…. AUD/USD’s strong break of 55 D EMA suggests that fail from 0.6666 has completed with three waves down to 0.6480. Rise from there is now seen as the third leg of the corrective pattern from 0.6442. Intraday bias is back on the upside for 0.6633 resistance […]
20/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2951; (P) 1.2974; (R1) 1.3013; More… Intraday bias in GBP/USD remains on the upside as rise from 1.2664 is in progress for retesting 1.3043. Firm break there will resume whole rally from 1.2998 to 61.8% projection of 1.2298 to 1.3043 from 1.2664 at 1.3124, which is close to 1.3141 high. On the […]