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Daily Pivots: (S1) 0.8583; (P) 0.8612; (R1) 0.8655; More… USD/CHF’s rise from 0.8374 is still in progress. Intraday bias stays on the upside for 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Sustained break there will argue that fall from 0.9223 has completed after defending 0.8332 low. Further rally should be seen to 61.8% retracement […]

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30/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6868; (P) 0.6902; (R1) 0.6937; More… Intraday bias in AUD/USD remains on the upside for the moment. Current rally from 0.6340 should target 100% projection of 0.6348 to 0.6823 from 0.6621 at 0.7096. On the downside, below 0.6867 minor support will turn intraday bias neutral first. In the bigger picture, overall, price […]
09/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 166.47; (P) 166.91; (R1) 167.63; More… Intraday bias in EUR/JPY remains mildly on the upside at this point. Rebound from 164.01 is seen as the second leg of the corrective pattern from 171.58. Further rise would be seen to 168.64 resistance. On the downside, below 165.63 minor support will turn intraday bias […]
20/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2660; (P) 1.2686; (R1) 1.2727; More… No change in GBP/USD’s outlook and intraday bias stays on the upside. Firm break of 1.2708 resistance will extend the rise from 1.2298 to 100% projection of 1.2298 to 1.2633 from 1.2445 at 1.2780. On the downside, below 1.2642 minor support will turn intraday bias neutral […]