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Daily Pivots: (S1) 0.9051; (P) 0.9100; (R1) 0.9177; More…. As long as 0.8996 support holds, further rally is expected in USD/CHF. Current rise is part of the whole rally from 0.8332. Next target is 161.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.8818. However, break of 0.8996 will indicate short term topping, and turn […]

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10/04/2024

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3546; (P) 1.3572; (R1) 1.3598; More… Intraday bias in USD/CAD is back on the upside with break of 1.3646 resistance. Firm break of channel resistance would prompt upside acceleration, and extend the rally from 1.3176 to 1.3897 resistance next. On the downside, below 1.3554 minor support will turn intraday bias neutral again. […]
29/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6812; (P) 0.6841; (R1) 0.6859; More… AUD/USD continues to lose upside momentum ahead of 0.6894 resistance and intraday bias is turned neutral first. On the upside, decisive break of 0.6894 will extend the rally from 0.6269 towards 0.7156 key resistance next. On the downside, however, break of 0.6796 support will indicate short […]
14/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8540; (P) 0.8550; (R1) 0.8565; More… EUR/GBP is still bounded in range of 0.8497/8557 and intraday bias remains neutral. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target 0.8464 projection level first. Nevertheless, firm break of 0.8577 will turn bias back to the upside […]