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Daily Pivots: (S1) 1.2646; (P) 1.2684; (R1) 1.2737; More… GBP/USD’s rebound from 1.2486 resumes by breaking 1.2749 resistance today. Intraday bias is back on the upside for stronger rally to 55 D EMA (now at 1.2853). Strong resistance is expected there to limit upside, and bring resumption of whole fall from 1.3433. On the downside, […]

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03/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6083; (P) 1.6131; (R1) 1.6166; More… EUR/AUD is still extending the consolidation from 1.5996 and intraday bias remains neutral. With 1.6211 support turned resistance intact, outlook remains bearish. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there will target 1.5846 […]
13/02/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9418; (P) 0.9429; (R1) 0.9446; More… Intraday bias in EUR/CHF remains on the upside for 0.9471 resistance first. Firm break there will resume whole rebound from 0.9252. Next target is 100% projection of 0.9252 to 0.9471 from 0.9304 at 0.9523. On the downside, below 0.9376 minor support will turn intraday bias neutral […]
22/02/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8783; (P) 0.8802; (R1) 0.8816; More…. USD/CHF is extending the consolidation from 0.8884 and intraday bias stays neutral. With 0.8727 resistance turned support intact, further rally is still expected. On the upside, break of 0.8885 will resume the rise from 0.8332 and target and 100% projection of 0.8332 to 0.8727 from 0.8550 […]