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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 for the moment. 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 […]

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02/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3349; (P) 1.3406; (R1) 1.3445; More… Intraday bias in USD/CAD remains neutral for the moment. On the downside, firm break of 1.3342 support will argue that rebound from 1.3176 has completed at 1.3540, and target this low for resuming whole fall from 1.3897. On the upside, however, break of 1.3540 will resume […]
13/01/2024

EUR/CHF Weekly Outlook

EUR/CHF’s recovery from 0.9252 short term bottom extended higher last week, but upside was capped below 0.9402 support turned resistance. Initial bias remains neutral this week and outlook staying bearish. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next. In the […]
11/03/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6602; (P) 0.6635; (R1) 0.6657; More… Intraday bias in AUD/USD is turned neutral first with current retreat. Another rise will be mildly in favor as long as 55 4H EMA (now at 0.6561) holds. Above 0.6666 will resume the rebound from 0.6442 to 61.8% retracement of 0.6877 to 0.6442 at 0.6707 next. […]