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Daily Pivots: (S1) 1.2610; (P) 1.2648; (R1) 1.2725; More… Intraday bias in GBP/USD remains on the upside as rise from 1.2298 is in progress. Firm break of 1.2780 will pave the way to 1.2892 resistance next. On the downside, below 1.2624 minor support will turn intraday bias neutral first. But further rally will remain in […]

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10/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6024; (P) 1.6053; (R1) 1.6071; More… Intraday bias in EUR/AUD remains neutral for the moment. Consolidation from 1.5996 could extend further. Outlook will remain bearish as long as 1.6211 support turned resistance holds. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm […]
29/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8812; (P) 0.8828; (R1) 0.8853; More… No change in USD/CHF’s outlook and intraday bias stays neutral for consolidations above 0.8776 temporary low. Further decline is expected as long as 0.8923 resistance holds. On the downside, break of 0.8776 will resume the fall from 0.9223 to 61.8% retracement of 0.8332 to 0.9223 at […]
23/10/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2949; (P) 1.2982; (R1) 1.3019; More… Intraday bias in GBP/USD remains on the downside at this point. Sustained trading below 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) will argue that whole rise from 1.2298 has completed and bring deeper fall to 61.8% retracement at 1.2732. On the upside, […]