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Daily Pivots: (S1) 0.9915; (P) 0.9922; (R1) 0.9930; More…. EUR/CHF’s rally is still in progress and intraday bias stays on the upside. Current rise from 0.9252 should target 100% projection of 0.9304 to 0.9847 from 0.9563 at 1.0106, which is slightly above 1.0095 key structural resistance. On the downside, below 0.9880 minor support will turn […]

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04/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3323; (P) 1.3348; (R1) 1.3377; More… USSD/CAD’s rebound from 1.3176 short term bottom is still in progress. Intraday bias stays on the upside for 38.2% retracement of 1.3897 to 1.3176 at 1.3451. On the downside, break of 1.3264 minor support will turn bias back to the downside for retesting 1.3176 low instead. […]
06/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.70; (P) 159.24; (R1) 159.93; More…. EUR/JPY’s fall from 163.86 continues today and intraday bias stays on the downside. Deeper fall would be seen to retest 154.40 low first. Firm break there will resume whole fall from 175.41. On the upside, above 160.01 support turned resistance will turn intraday bias neutral first. […]
06/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8534; (P) 0.8547; (R1) 0.8559; More… Range trading continues in EUR/GBP and intraday bias remains neutral first. Considering bullish convergence condition in D MACD, decisive break of 0.8577 and 55 D EMA (now at 0.8572) will argue that fall from 0.8764 has completed. Intraday bias will be back on the upside for […]