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Daily Pivots: (S1) 0.9592; (P) 0.9607; (R1) 0.9636; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. Further decline is expected as long as 0.9683 resistance holds. On the downside, break of 0.9476, and sustained trading below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 will bring retest of 0.9252 low next. In […]

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23/08/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8496; (P) 0.8515; (R1) 0.8541; More….. Intraday bias in USD/CHF Is turned neutral first with current recovery. While stronger rise cannot be ruled out, risk will stay on the downside as long as 0.8747 resistance holds. Below 0.8488 will target 0.8431 support first. Firm break there will resume whole decline from 0.9223 […]
20/02/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2560; (P) 1.2592; (R1) 1.2634; More… Range trading continues in GBP/USD and intraday bias stays neutral. On the upside, break of 1.2691 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will argue that whole rise […]
29/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6198; (P) 1.6241; (R1) 1.6282; More… Intraday bias in EUR/AUD remains neutral for the moment, and outlook is unchanged. . On the upside, firm break of 1.6359 resistance will be the first sign of bullish reversal and target 1.6598 resistance for confirmation. On the downside, though, below 1.6125 minor support will bring […]