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Daily Pivots: (S1) 0.9563; (P) 0.9620; (R1) 0.9652; More…. EUR/CHF’s fall from 0.9772 continues today and intraday bias stays on the downside. With 61.8% retracement of 0.9476 to 0.9772 at 0.9589 broken, next target is 0.9476 low. Firm break there will resume whole fall from 0.9928 to 100% projection of 0.9928 to 0.94767 from 0.9772 […]

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20/11/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6498; (P) 0.6516; (R1) 0.6551; More… AUD/USD is extending consolidations from 0.6440 and intraday bias remains neutral. Outlook will stay bearish as long as 0.6687 resistance holds. On the downside, decisive break of 61.8% projection of 0.6941 to 0.6511 from 0.6687 at 0.6421 will resume the fall from 0.6941 to 100% projection […]
04/11/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2875; (P) 1.2927; (R1) 1.2970; More… Range trading continues in GBP/USD and intraday bias stays neutral. Further decline is expected as long as 1.3042 resistance holds. Below 1.2842 will resume the fall from 1.3433 to 61.8% retracement of 1.2298 to 1.3433 at 1.2732. However, considering bullish convergence condition in 4H MACD, firm […]
30/10/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 152.80; (P) 153.33; (R1) 153.92; More… No change in USD/JPY’s outlook and intraday bias stays on the upside. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 high. On the downside, below 151.44 minor support will turn intraday bias neutral again first. In […]