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Daily Pivots: (S1) 0.9241; (P) 0.9283; (R1) 0.9359; More…. Intraday bias in EUR/CHF remains neutral first and more consolidations would be see first. Outlook will stay bearish as long as 0.9364 resistance holds. On the downside, below 0.9294 minor support will bring retest of 0.9204/9 support zone. Decisive break there will indicate larger down trend […]

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19/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 200.14; (P) 200.49; (R1) 200.97; More… GBP/JPY is extending the consolidations below 201.59 and intraday bias stays neutral. Further rally is expected as long as 197.18 support holds. However, considering bearish divergence condition in 4H MACD, firm break of 197.18 will confirm short term topping, and turn bias back to the downside […]
24/01/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6550; (P) 0.6581; (R1) 0.6610; More… Intraday bias in AUD/USD stays neutral for the moment. Consolidation from 0.6524 could extend further. But further decline is expected as long as 0.6639 support turned resistance holds. Firm break of 0.6524 support will argue that whole rebound from 0.6269 has completed, and bring deeper fall […]
17/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 167.42; (P) 168.61; (R1) 169.69; More… Intraday bias in EUR/JPY remains mildly on the downside for the moment. Sustained trading below 55 D EMA (now at 167.43) will extend the fall from 170.87, as the third leg of the pattern from 151.58, to 164.01 support next. For now, risk will stay on […]