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Daily Pivots: (S1) 0.8517; (P) 0.8525; (R1) 0.8542; More…. Intraday bias in EUR/GBP is turned neutral with current recovery. IN case of another fall, strong support should be seen from 100% projection of 0.8624 to 0.8530 from 0.8591 at 0.8497, which is close to 55 D EMA (now at 0.8494), to complete the correction from […]

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16/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9537; (P) 0.9559; (R1) 0.9595; More…. Intraday bias in EUR/CHF remains on the upside as rise form 0.9209 short term bottom is extending. Further rally should be seen to 55 D EMA (now at 0.9592). Sustained break there will target 0.9772 resistance next. On the downside, below 0.9496 minor support will turn […]
20/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6662; (P) 0.6681; (R1) 0.6714; More… Intraday bias in AUD/USD remains neutral for consolidation below 0.6713. Further rally is expected as long as 0.6578 support holds. As noted before, fall from 0.6870 has probably completed with three waves down to 0.6361 already. Above 0.6713 will target 0.6870 resistance next. In the bigger […]
12/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 156.83; (P) 157.12; (R1) 157.43; More… USD/JPY drops sharply in early US session but stays in range of 154.53/157.70 and intraday bias remains neutral first. On the downside, break of 154.53 will turn bias to the downside for 151.86 support and possibly below, as the third leg of the corrective pattern from […]