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Daily Pivots: (S1) 1.0793; (P) 1.0831; (R1) 1.0860; More….. EUR/USD’s fall from 1.0947 is in progress and intraday bias stays on the downside. Sustained break of 55 D EMA (now at 1.0815) will argue that whole rebound from 1.0601 has completed with three waves up to 1.0947. Deeper decline should then be seen to 1.0601/0665 […]

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11/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8952; (P) 0.8969; (R1) 0.8982; More…. Intraday bias in USD/CHF remains neutral for the moment. 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 be back on the upside for 0.9157/9223 resistance zone. […]
29/10/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3879; (P) 1.3893; (R1) 1.3905; More… Intraday bias in USD/CAD remains on the upside at this point. Rise from 1.3418 is in progress for retesting 1.3946/76 resistance zone. Decisive break there will confirm larger up trend resumption. On the downside, below 1.3837 minor support will turn intraday bias and bring consolidations first. […]
23/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.06; (P) 191.00; (R1) 192.46; More… Intraday bias in GBP/JPY remains neutral as consolidation from 191.99 is extending. On the upside, above 191.99 will resume the rally from 180.00, and target 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, […]