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Daily Pivots: (S1) 1.0802; (P) 1.0824; (R1) 1.0845; More…. A temporary top should be formed at 1.0844 in EUR/USD and intraday bias is turned neutral first. Further rally is in favor as long as 55 4H EMA (now at 1.0780) holds. On the upside, above 1.0844 will resume the rebound from 1.0665 to retest 1.0915 […]

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19/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6619; (P) 0.6639; (R1) 0.6676; More… Range trading continues in AUD/USD and intraday bias remains neutral. Further rally remains in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance next. However, […]
14/02/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8732; (P) 0.8752; (R1) 0.8778; More…. USD/CHF’s rally accelerates to as high as 0.8867 so far, and intraday bias stays on the upside. Next target is 100% projection of 0.8332 to 0.8727 from 0.8550 at 0.8954. Firm break there will pave the way to 161.8% projection at 0.9189. On the downside, below […]
08/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6038; (P) 1.6067; (R1) 1.6088; More… Intraday bias in EUR/AUD remains neutral as consolidation from 1.5996 is still extending. Outlook will remain bearish as long as 1.6211 support turned resistance holds. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there […]