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Daily Pivots: (S1) 0.8851; (P) 0.8890; (R1) 0.8962; More… USD/CHF’s rally is in progress and intraday bias stays on the upside. Firm break of 0.8965 resistance will resume the whole rally from 0.8374. Next target is 61.8% projection of 0.8374 to 0.8956 from 0.8735 at 0.9095. On the downside, below 0.8853 minor support will turn […]

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EUR/USD Daily Outlook

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29/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6198; (P) 1.6241; (R1) 1.6282; More… Intraday bias in EUR/AUD remains neutral for the moment, and outlook is unchanged. . On the upside, firm break of 1.6359 resistance will be the first sign of bullish reversal and target 1.6598 resistance for confirmation. On the downside, though, below 1.6125 minor support will bring […]
17/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8876; (P) 0.8921; (R1) 0.8946; More…. USD/CHF is still bounded in range above 0.8880 and intraday bias stays neutral. On the downside, sustained break of 0.8883 fibonacci level will carry larger bearish implications and bring deeper decline. On the upside, firm break of 0.8987 support turned resistance will argue that correction from […]
16/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2721; (P) 1.2753; (R1) 1.2787; More… GBP/USD is extending consolidation from 1.2826 and intraday bias remains neutral. On the upside, decisive break of 1.2826 will resume whole rally from 1.2036. Nevertheless, another fall and break of 1.2611 will bring deeper correction to 1.2499 support instead. In the bigger picture, price actions from […]