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Daily Pivots: (S1) 0.9101; (P) 0.9117; (R1) 0.9137; More… USD/CHF is still bounded in range below 0.9136 and intraday bias remains neutral. With 0.9007 support intact, further rally is expected. On the upside, break of 0.9136 will resume the rally from 0.8374 to 0.9223 key resistance next. However, firm break of 0.8956 will turn bias […]

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14/10/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8362; (P) 0.8372; (R1) 0.8380; More… Intraday bias in EUR/GBP remains neutral and outlook is unchanged. Further decline is in favor, and firm break of 0.8309 will resume larger down trend to 0.8201 key support next. However, decisive break of 38.2% retracement of 0.8624 to 0.8309 at 0.8429 will pave the way […]
23/10/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3805; (P) 1.3825; (R1) 1.3835; More… Further rally is expected in USD/CAD with 1.3746 support intact, despite loss of momentum as seen in 4H MACD. Current rise from 1.3418 should target 1.3946/76 key resistance zone. However, break of 1.3746 will indicate short term topping, and turn bias back to the downside for […]
27/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6155; (P) 1.6238; (R1) 1.6293; More… Intraday bias in EUR/AUD is back on the downside with breach of 1.6184 temporary low. Fall from 1.7180 is resuming for 61.8% projection of 1.7180 to 1.6256 from 1.6629 at 1.6058, which is close to 1.5996 key support level. On the upside, above 1.6319 minor resistance […]