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Daily Pivots: (S1) 0.8583; (P) 0.8612; (R1) 0.8655; More… Intraday bias in USD/CHF remains on the upside for the moment. Rise from 0.8374 short term bottom is in progress for 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Sustained break there will argue that fall from 0.9223 has completed after defending 0.8332 low. Further rally […]

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28/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1160; (P) 1.1175; (R1) 1.1200; More…. EUR/USD is staying in consolidation from 1.1200 and intraday bias remains neutral for the moment. Downside of retreat should be contained above 1.0007 resistance turned support to bring another rally. Above 1.1200 will resume recent rally to 161.8% projection of 1.0665 to 1.0947 from 1.0776 at […]
15/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3473; (P) 1.3540; (R1) 1.3586; More… Intraday bias in USD/CAD remains on the downside at this point, with focus on 1.3378 support. Decisive break there will argue that whole rise from 1.3091 has completed at 1.3897. Deeper fall should then be seen back to 1.3091, to extend the sideway pattern from 1.3978. […]
01/10/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.65; (P) 159.39; (R1) 160.67; More…. Intraday bias in EUR/JPY is turned neutral with current recovery. Outlook is unchanged that corrective pattern from 154.40 might have completed with three waves to 163.47 already. Risk will stay mildly on the downside as long as 163.47 resistance holds. Below 158.09 will target 154.40/155.14 support […]