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Daily Pivots: (S1) 0.9095; (P) 0.9110; (R1) 0.9140; More…. While USD/CHF’s pull back from 0.9151 extended lower, down side is supported above 0.8996 support so far. Intraday bias remains neutral and further rally is expected. Break of 0.9151 will resume larger rally from 0.8332 to 0.9243 resistance. However, firm break of 0.8996 will confirm short […]

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02/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6496; (P) 0.6526; (R1) 0.6572; More… Intraday bias in AUD/USD remains neutral as consolidations continue above 0.6479 temporary low. Outlook will stay bearish as long as 0.6609 minor resistance holds, and further decline is expected. On the downside, break of 0.6479 will resume the fall from 0.6798 to 0.6361 support first. Firm […]
18/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8435; (P) 0.8448; (R1) 0.8463; More… EUR/GBP is staying in consolidation above 0.8396 and intraday bias stays neutral. Outlook But outlook will remain bearish as long as 0.8482 support turned resistance holds. Below 0.8396 will resume larger down trend to 0.8376 projection level next. In the bigger picture, down trend from 0.9267 […]
04/11/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6545; (P) 0.6568; (R1) 0.6583; More… AUD/USD recovers further today as consolidation from 0.6536 continues. Intraday bias stays neutral at this point, and further decline remains expected as long as 55 D EMA (now at 0.6692) holds. On the downside, sustained break of 0.61.8% retracement of 0.6269 to 0.6941 at 0.6526 will […]