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Daily Pivots: (S1) 0.8633; (P) 0.8667; (R1) 0.8686; More… Intraday bias in USD/CHF is turned neutral with breach of 0.8649 minor support. A temporary top is formed at 0.8699 after touching 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Some consolidations would be seen first, but further rally remains in favor as long as 55 […]

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28/03/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2617; (P) 1.2629; (R1) 1.2653; More… Range trading continues in GBP/USD and intraday bias remains neutral. Risk stays on the downside as long as 55 4H EMA (now at 1.2667) holds. Below 1.2574 will resume the fall from 1.2892 to 1.2517 structural support first. Decisive break there will suggest that rise from […]
26/04/2024

EUR/USD Daily Outlook

.Daily Pivots: (S1) 1.0692; (P) 1.0716; (R1) 1.0754; More… Intraday bias in EUR/USD is back on the upside with break of 1.0723 support turned resistance. Stronger rebound would be seen to 55 D EMA (now at 1.0784). On the downside, break of 1.0677 minor support will turn intraday bias to the downside for retesting 1.0601 […]
28/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0780; (P) 1.0809; (R1) 1.0826; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen above 1.0760 temporary low. Further decline is expected as long as 1.0871 resistance holds. Below 1.0760 will target 61.8% retracement of 1.0447 to 1.1213 at 1.0740. Firm break there will target 1.0601 support next. […]