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Daily Pivots: (S1) 197.97; (P) 198.67; (R1) 199.52; More… Intraday bias in GBP/JPY remains on the upside for the moment. Current rise from 180.00 should target a retest on 208.09 high next. On the downside, below 196.37 minor support will turn intraday bias neutral again first. In the bigger picture, price actions from 208.09 are […]

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20/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6572; (P) 1.6626; (R1) 1.6692; More… Intraday bias in EUR/AUD remains on the upside for retesting 1.6742 resistance first. Decisive break there will resume whole rise from 1.6127 and target 1.6844 resistance next. For now, near term outlook will remain cautiously bullish as long as 1.6439 support holds, in case of retreat. […]
19/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0626; (P) 1.0658; (R1) 1.0675; More… Range trading continues in EUR/USD and intraday bias remains neutral. While stronger recovery cannot be ruled out, upside should be limited by 1.0723 support turned resistance. On the downside, break of 1.0601 will resume the decline from 1.1138 to 100% projection of 1.1138 to 1.0694 from […]
11/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8716; (P) 0.8742; (R1) 0.8784; More… USD/CHF is still bounded in range below 0.8773 and intraday bias stays neutral. Some more consolidations could be seen. But further rally is expected as long as 0.8614 support holds. On the upside, break of 0.8733 will resume the rally from 0.8374 to 61.8% retracement of […]