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Daily Pivots: (S1) 1.2870; (P) 1.2933; (R1) 1.2981; More… Intraday bias in GBP/USD remains neutral and more consolidations could be seen above 1.2833 temporary low Further decline is expected 1.3047 resistance holds. Break of 1.382 will resume the fall from 1.3433 to 61.8% retracement of 1.2298 to 1.3433 at 1.2732. However, considering bullish convergence condition […]

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08/11/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8698; (P) 0.8736; (R1) 0.8762; More… Intraday bias in USD/CHF remains neutral fro consolidations below 0.9773 temporary top. Further rally is still expected as long as 0.8614 support holds. Above 0.8773 will resume the rise from 0.8374 for 61.8% retracement of 0.9223 to 0.8374 at 0.8899 next. In the bigger picture, price […]
24/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6806; (P) 0.6830; (R1) 0.6862; More… Intraday bias in AUD/USD remains on the upside as rise from 0.6348 is in progress. Next target is 61.8% projection of 0.6348 to 0.6823 from 0.6621 at 0.6915. On the downside, below 0.6736 minor support will turn intraday bias neutral first. But outlook will remain cautiously […]
08/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 141.43; (P) 144.38; (R1) 147.10; More… USD/JPY recovered after breaching 142.45 fibonacci level, but there is no clear sign of bottoming yet. Intraday bias stays on the downside, sustained trading below 142.45 will pave the way to next fibonacci level at 136.63. On the upside, break of 144.53 minor resistance will turn […]