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Daily Pivots: (S1) 1.0753; (P) 1.0772; (R1) 1.0789; More… EUR/USD is staying in consolidation below 1.0810 temporary top and intraday bias stays neutral. While deeper retreat cannot be ruled out, further rally is expected as long as 55 4H EMA (now at 1.0725) holds. On the upside, above 1.0810 will resume the rebound from 1.0601 […]

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GBP/USD Daily Outlook

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26/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8451; (P) 0.8497; (R1) 0.8522; More….. Intraday bias in USD/CHF remains on the downside for retesting 0.8431 support. Firm break there will resume whole decline from 0.9223 towards 0.8332 low. On the upside, above 0.8540 minor resistance will turn intraday bias neutral. But risk will stay on the downside as long as […]
23/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8470; (P) 0.8496; (R1) 0.8515; More…. Intraday bias in EUR/GBP remains on the downside as fall from 0.8624 is in progress. Firm break of 61.8% retracement of 0.8382 to 0.8624 at 0.8474. will argue that recent down trend is ready to resume through 0.8382 low. For now, risk will stay on the […]
25/03/2024

AUD/USD Weekly Report

AUD/USD’s strong was rebound last week was capped below 0.6666 resistance, and followed by equally steep decline. Initial bias remains neutral this week first, with focus on 0.6503 support. Decisive break there 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 […]