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Daily Pivots: (S1) 0.8531; (P) 0.8540; (R1) 0.8554; More… While downside momentum in EUR/GBP isn’t too convincing, further decline is still expected with 0.8563 resistance intact. Next target is 0.8491 low and break will resume larger down trend to 0.8464 projection level. On the upside, above 0.8563 minor resistance will turn intraday bias neutral and […]

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06/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9687; (P) 0.9704; (R1) 0.9729; More…. Intraday bias in EUR/CHF is turned neutral with 4H MACD crossed above signal line. Strong support is still expected from 38.2% retracement of 0.9252 to 0.9928 at 0.9670 to bring rebound. Break of 0.9740 minor resistance will turn intraday bias back to the upside. Nevertheless, sustained […]
26/03/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6518; (P) 0.6532; (R1) 0.6555; More…. Intraday bias in AUD/USD remains neutral for the moment. Break of 0.6503 support will indicate that larger fall from 0.6870 is ready to resume, and turn bias to the downside for 0.6442 low. For now, risk will stay on the downside as long as 0.6633 resistance […]
02/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.76; (P) 163.65; (R1) 165.29; More… Intraday bias in EUR/JPY remains on the downside for the moment. Current fall from 175.41 should target 155.91 fibonacci level next. On the upside, above 163.41 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another decline. In the bigger picture, break […]