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Daily Pivots: (S1) 0.8648; (P) 0.8679; (R1) 0.8730; More… Intraday bias in USD/CHF is turned neutral again with today’s retreat, but further rally is expected as long as 0.8631 support holds. Sustained trading above 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall from 0.9223 has completed after defending 0.8332 low. Further […]

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18/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6542; (P) 1.6576; (R1) 1.6631; More… Intraday bias in EUR/AUD stays neutral at this point. On the upside, firm break of 1.6606 will retain near term bullishness and bring retest of 1.6742. Break there will resume larger rise from 1.6127. On the downside, however, decisive break of 1.6450 support will argue that […]
10/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6348; (P) 1.6384; (R1) 1.6458; More… EUR/AUD retreated sharply after edging higher to 1.6418 ans intraday bias remains neutral. . On the downside, firm break of 1.6211 support will resume the whole decline from 1.6742, as the third leg of the correction from 1.7062. On the upside, sustained break of 55 D […]
19/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2915; (P) 1.2968; (R1) 1.2997; More… Intraday bias in GBP/USD remains neutral for consolidations below 1.3043 temporary top. Downside of retreat should be contained by 1.2859 resistance turned support to bring another rally. Above 1.3043 will resume the rise from 1.2298 to 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, […]