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Daily Pivots: (S1) 1.3731; (P) 1.3758; (R1) 1.3790; More… Intraday bias in USD/CAD stays mildly on the upside despite some loss of momentum. As noted before, corrective fall from 1.3946 should have completed at 1.3418 already. Further rally should be seen towards this resistance. On the downside, below 1.3702 minor support will turn intraday bias […]

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05/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6708; (P) 0.6720; (R1) 0.6738; More… AUD/USD’s rally is in progress and intraday bias stays on the upside. Current rise from 0.6361 should target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837 next. On the downside, below 0.6699 minor support will turn intraday bias neutral first. But, near term outlook […]
10/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 198.59; (P) 199.20; (R1) 200.01; More… Intraday bias in GBP/JPY remains neutral for the moment. On the downside, break of 197.28 will strengthen the case that rise from 191.34 has completed. Intraday bias will be back on the downside for 195.02 support first. However, decisive break of 200.72 will resume larger uptrend […]
25/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8587; (P) 0.8648; (R1) 0.8690; More…. Intraday bias in USD/CHF remains mildly on the downside for 0.8487 minor support. Break there will argue that rebound from 0.8332 has completed at 0.8727, after rejection by 55 D EMA (now at 0.8686). Deeper fall would be seen to retest 0.8332 low. On the upside, […]