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Daily Pivots: (S1) 0.8530; (P) 0.8596; (R1) 0.8683; More… Intraday bias in USD/CHF remains neutral and outlook is unchanged. While recovery from 0.8431 might extend, further decline is expected with 0.8711 resistance intact. On the downside, below 0.8500 will bring retest of 0.8431 first. Break there will resume the fall from 0.9223 to retest 0.8332 […]

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04/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9005; (P) 0.9050; (R1) 0.9074; More…. Intraday bias in USD/CHF remains neutral for consolidation below 0.9094. On the downside, break of 55 4H EMA (now at 0.9018) will bring deeper pullback. But downside should be contained by 0.8884 resistance turned support to bring rebound. On the upside, break of 0.9094 will resume […]
20/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6677; (P) 0.6706; (R1) 0.6761; More… AUD/USD’s rally from 0.6348 is in progress and intraday bias stays on the upside for 0.6798 resistance. Firm break there will argue that larger rise from 0.6269 is ready to resume through 0.6870 resistance. On the downside, below 0.6676 minor support will turn intraday bias neutral […]
07/02/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.58; (P) 148.19; (R1) 148.55; More… Range trading continues in USD/JPY and intraday bias remains neutral. Focus remains on 148.79 resistance. Firm break there will resume the rally from 140.25 to 151.89/93 key resistance zone. For now, further rise will remain in favor as long as 145.88 holds, in case of retreat. […]