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Daily Pivots: (S1) 1.2558; (P) 1.2617; (R1) 1.2658; More… Intraday bias in GBP/USD remains on the downside for 1.2517 structural support. Decisive break there will suggest that rise from 1.2036 has completed at 1.2892 already, and turn near term outlook bearish. On the upside, above 1.2674 minor resistance will turn intraday bias neutral first. In […]

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03/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6492; (P) 0.6508; (R1) 0.6534; More…. Intraday bias in AUD/USD is turned neutral again with current recovery. For now, risk will stay on the downside as long as 0.6538 minor resistance holds. Below 0.6480 will target 0.6442 support. Firm break there will resume whole decline from 0.6870 and target 61.8% projection of […]
05/08/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8523; (P) 0.8631; (R1) 0.8689; More… Intraday bias in USD/CHF remains on the downside at this point. Current fall from 0.9223 should target a retest on 0.8332 low. On the upside, above 0.8594 minor resistance will turn intraday bias neutral and bring consolidations, before staging another fall. In the bigger picture, price […]
26/08/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8451; (P) 0.8497; (R1) 0.8522; More….. USD/CHF’s fall from 0.8747 is in progress and intraday bias stays on the downside for retesting 0.8431 support. Firm break there will resume whole decline from 0.9223 towards 0.8332 low. On the upside, above 0.8540 minor resistance will turn intraday bias neutral. But risk will stay […]