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Daily Pivots: (S1) 1.4027; (P) 1.4052; (R1) 1.4094; More… USD/CAD is extending sideway trading below 1.4177 and intraday bias stays neutral at this point. Further rally is expected with 1.3930 support intact. On the upside, firm break of 1.4177 will resume larger up trend towards 1.4391 projection level. However, break of 1.3926 will turn bias […]

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EUR/CHF Daily Outlook

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01/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8971; (P) 0.8990; (R1) 0.9007; More… Intraday bias in USD/CHF stays mildly on the upside for channel resistance (now at 0.9034). Fall from 0.9223 might have completed as a three-wave corrective move to 0.8825. Firm break of channel resistance will target 0.9157 resistance next. On the downside, below 0.8956 minor support will […]
05/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.15; (P) 190.67; (R1) 191.56; More….. Intraday bias in GBP/JPY remains neutral at this point. Corrective pattern from 191.29 could still extend. Break of 188.02 minor support will bring deeper fall to 38.2% retracement of 178.32 to 191.29 at 186.33, as a correction to rise from 178.32. Nevertheless, on the upside, decisive […]
22/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6649; (P) 0.6664; (R1) 0.6681; More… AUD/USD is staying in consolidation from 0.6713 and intraday bias remains neutral. Further rally is expected as long as 0.6578 support holds. As noted before, fall from 0.6870 has probably completed with three waves down to 0.6361 already. Above 0.6713 will target 0.6870 resistance next. In […]