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Daily Pivots: (S1) 1.0448; (P) 1.0511; (R1) 1.0560; More… Intraday bias in EUR/USD remains neutral for the moment, and outlook stays bearish with 1.0609 resistance intact. On the downside, break of 1.0330 will resume the fall from 1.1213. Also, sustained trading below 1.0404 key fibonacci level will carry larger bearish implication. Nevertheless, firm break of […]

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12/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8955; (P) 0.8974; (R1) 0.8996; More…. USD/CHF failed to break through 0.8987 support turned resistance decisively despite breaching it. Intraday bias stays neutral first. On the upside, firm break of 0.8987 support turned resistance will argue that correction from 0.9223 has completed, after drawing support from 0.8883 fibonacci level. Intraday bias will […]
30/11/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6609; (P) 0.6637; (R1) 0.6678; More… Intraday bias in AUD/USD is turned neutral with current retreat. Some more consolidations could be seen first. But further rally is expected as long as 0.6521 resistance turned support holds. On the upside, sustained break break of channel resistance (now at 0.6663) will argue that whole […]
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 […]