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Daily Pivots: (S1) 1.1028; (P) 1.1052; (R1) 1.1099; More…. Intraday bias in EUR/USD stays neutral at this point. Outlook stays bullish with 38.2% retracement of 1.0665 to 1.1200 at 1.0996 intact. Break of 1.1153 will suggest that larger rally is resuming through 1.1200 to 1.1274 key resistance. Nevertheless, sustained break of 1.0996 will indicate reversal […]

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02/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1020; (P) 1.1052; (R1) 1.1070; More… EUR/USD’s retreat from 1.1138 extends lower today but stays well above 1.0929 support. Intraday bias remains neutral for the moment. Further rally is expected as long as 1.0929 support holds. Break of 1.1138 will resume the rise from 1.0447 to retest 1.1274 high. Strong resistance should […]
15/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9105; (P) 0.9126; (R1) 0.9164; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.9146 might extend. Further rally is expected as long as 0.8996 support holds. Above 0.9146 will target 161.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.9268. In the bigger picture, price actions from 0.8332 medium term […]
16/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2705; (P) 1.2735; (R1) 1.2758; More… GBP/USD is staying in range of 1.2611/2826 despite today’s decline. Intraday bias remains neutral first. On the upside, decisive break of 1.2826 will resume whole rally from 1.2036. Nevertheless, break of 1.2611 will bring deeper decline to 1.2499 support instead. In the bigger picture, price actions […]