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Daily Pivots: (S1) 0.8438; (P) 0.8477; (R1) 0.8501; More… Intraday bias in USD/CHF remains neutral as sideway trading continues. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, break of 0.8548 resistance will turn bias back to the […]

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AUD/USD Daily Report

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GBP/JPY Daily Outlook

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25/04/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9763; (P) 0.9778; (R1) 0.9808; More… Intraday bias in EUR/CHF remains on the upside for retesting 0.9847 resistance. Decisive break there will resume larger rally from 0.9252 high. On the downside, below 0.9708 minor support will turn intraday bias neutral again first. In the bigger picture, while 55 D EMA (now at […]
21/07/2024

GBP/JPY Weekly Outlook

GBP/JPY’s pullback from 208.09 extended lower last week but recovered after hitting 202.08. Initial bias remains neutral this week first. Further fall is in favor as long as 205.77 resistance holds. This decline from 208.09 might be correcting the whole rise from 178.32 already. Break of 202.08 will target 55 D EMA (now at 201.21). […]
15/07/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2930; (P) 1.2960; (R1) 1.3019; More… No change in GBP/USD’s outlook and intraday bias remains on the upside. Rise from 1.2298 is in progress for 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, which is slightly above 1.3141 key medium term resistance. On the downside, below 1.2898 minor support will […]