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Daily Pivots: (S1) 0.8811; (P) 0.8852; (R1) 0.8874; More…. Intraday bias in USD/CHF remains neutral for consolidations below 0.8891 temporary top. Further rally is in favor as long as 0.8741 support holds. Break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. Nevertheless, break of 0.8741 support will turn bias back […]

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EUR/USD Mid-Day Outlook

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18/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6548; (P) 1.6574; (R1) 1.6612; More… Intraday bias in EUR/AUD is turned neutral with current retreat and some consolidations would be seen. Further rally is mildly in favor. Above 1.6616 will resume the rebound form 1.6368 to 1.6677 resistance next. Break there will confirm that correction from 1.6742 has completed, and bring […]
11/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2500; (P) 1.2551; (R1) 1.2600; More… Further decline remains mildly in favor in GBP/USD despite today’s recovery. Fall fall 1.2731 short term top would extend to 55 D EMA (now at 1.2445). Sustained break there will bring retest of 1.2036 low. However, firm break of 1.2611 will turn bias back to the […]
27/01/2024

AUD/USD Weekly Report

AUD/USD stayed in consolidation above 0.6524 last week and outlook is unchanged. Initial bias remains neutral this week and further fall is expected. On the downside, firm break of 0.6524 support will argue that whole rebound from 0.6269 has completed, and bring deeper fall to this support. On the upside, break of 0.6639 will turn […]