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Daily Pivots: (S1) 1.2729; (P) 1.2784; (R1) 1.2861; More… Intraday bias in GBP/USD remains neutral first and further decline is in favor with 1.2863 resistance intact. On the downside, below 1.2706 will target 1.2612 support first. Decisive break there should confirm that rise from 1.2298 has completed. However, break of 1.2863 will turn bias back […]

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16/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6523; (P) 1.6635; (R1) 1.6710; More… No change in EUR/AUD’s outlook as range trading continues. Intraday bias remains neutral and further rise is in favor with 1.6474 support intact. On the upside, above 1.6798 minor resistance will bring retest of 1.7180 resistance first. Firm break there will resume larger up trend to […]
03/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 161.22; (P) 161.52; (R1) 161.76; More… USD/JPY’s rally continues today despite some loss of upside momentum. Intraday bias stays on the upside at this point. Current up trend should target 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. On the downside, below 160.95 minor support will turn intraday bias neutral […]
21/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9087; (P) 0.9098; (R1) 0.9118; More…. Intraday bias in USD/CHF is mildly on the upside with breach of 0.9101 resistance. Corrective fall from 0.9223 might have completed with three waves down to 0.8987 already. Further rally should be seen back to retest 0.9223. On the downside, though, break of 0.8987 will resume […]