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Daily Pivots: (S1) 0.8562; (P) 0.8603; (R1) 0.8655; More…. Intraday bias in USD/CHF remains neutral at this point. On the downside, below 0.8550 will resume the fall from 0.8727 for 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this low. On the upside, firm break of 0.8727 […]

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26/03/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2602; (P) 1.2627; (R1) 1.2663; More… Intraday bias in GBP/USD stays neutral, as consolidations from 1.2574 continues. Risk will stay on the downside as long as 55 4H EMA (now at 1.6905) holds. Below 1.2574 will resume the fall from 1.2892 to 1.2517 structural support first. Decisive break there will suggest that […]
10/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6260; (P) 1.6307; (R1) 1.6335; More… Intraday bias in EUR/AUD remains neutral for the moment. Further decline is expected as long as 1.6494 resistance holds. Fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Break of 1.6216 will turn bias back to the downside to 1.6127 […]
04/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8926 (P) 0.8983; (R1) 0.9016; More…. USD/CHF’s fall from 0.9223 resumed by breaking through 0.8987 support and intraday bias stays on the downside. Next target is 100% projection of 0.9223 to 0.8987 from 0.9157 at 0.8921, and then 0.8883 fibonacci level. On the upside, above 0.9001 minor resistance will turn intraday bias […]