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Daily Pivots: (S1) 0.8646; (P) 0.8672; (R1) 0.8700; More… USD/CHF is staying in consolidation below 0.8699 temporary top and intraday bias remains neutral. Further rally remains in favor as long as 55 D EMA (now at 0.8609) holds. On the upside, decisive break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that […]

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GBP/USD Daily Outlook

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07/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6233; (P) 1.6366; (R1) 1.6458; More… Intraday bias in EUR/AUD remains on the downside for 1.6132 support. Break there will extend the fall from 1.6598 to retest 1.5996 key support level. On the upside, above 1.6356 minor resistance will turn intraday bias neutral first. But risk will stay on the downside as […]
30/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0695; (P) 1.0714; (R1) 1.0740; More… Outlook in EUR/USD is unchanged and intraday bias stays neutral. On the upside, above 1.0752 will resume the rebound to 55 D EMA (now at 1.0780). On the downside, break of 1.0673 minor support will turn intraday bias to the downside for retesting 1.0601 low. In […]
04/05/2024

GBP/JPY Weekly Outlook

GBP/JPY reversed after rising to 200.53 last week and fell sharply since then. Initial bias remains on the downside this week. Sustained break of 55 D EMA (now at 191.34) will extend the fall from 200.53, to 61.8% retracement of 178.32 to 200.53 at 186.80. On the upside, break of 195.73 minor resistance will turn […]