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Daily Pivots: (S1) 1.2582; (P) 1.2654; (R1) 1.2703; More… Range trading continues in GBP/USD and intraday bias remains neutral at this point. Further rally is expected as long as 1.2590 minor support holds. On the upside, decisive break of 1.2731 will resume the rally from 1.2036 for retesting 1.3141 high next. However, firm break of […]

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EUR/USD Daily Outlook

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USD/CHF Daily Outlook

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12/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9329; (P) 0.9363; (R1) 0.9419; More…. A temporary low as formed at 0.9305 in EUR/CHF with current recovery and intraday bias is turned neutral for consolidations. Deeper decline is still expected with 0.9444 resistance intact. Below 0.9305 will resume the fall from 0.9579 to retest 0.9209 low. Nevertheless, firm break of 0.9444 […]
28/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6160; (P) 1.6201; (R1) 1.6263; More… EUR/AUD recovered again after brief dip to 1.6137 and intraday bias is turned neutral again. Below 1.6137 will target 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106. Meanwhile, considering bullish convergence condition in 4H MACD, firm break of 1.6265 resistance should indicate short term […]
31/07/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8414; (P) 0.8422; (R1) 0.8433; More…. Intraday bias in EUR/GBP stays neutral as consolidation from 0.8382 is still in progress. Outlook continues to stay bearish with 0.8498 resistance intact. Firm break of 0.8382 will resume larger down trend next target will be 138.2% projection of 0.8764 to 0.8497 from 0.8463 at 0.8274. […]