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Daily Pivots: (S1) 0.6736; (P) 0.6767; (R1) 0.6792; More… AUD/USD’s rally is in progress and intraday bias remains on the upside for 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837. Decisive break there could prompt upside acceleration through 0.6870 resistance to 100% projection at 0.6971. On the downside, however, break of 0.6723 support […]

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22/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9678; (P) 0.9733; (R1) 0.9803; More.. Intraday bias in EUR/CHF remains on the upside at this point. Sustained break of 61.8% retracement of 1.0095 to 0.9252 at 0.9773 will extend the rise from 0.9252 to 1.0095 key resistance next. On the downside, below 0.9664 minor support will turn intraday bias neutral and […]
07/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6452; (P) 1.6516; (R1) 1.6552; More… Intraday bias in EUR/AUD stays neutral as sideway trading continues. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for confirmation. Nevertheless, […]
20/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9483; (P) 0.9499; (R1) 0.9520; More…. Intraday bias in EUR/CHF stays on the downside as fall from 0.9928 is in progress. Sustained trading below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 will raise the chance of long term down trend resumption, and target 0.9252 low next. On the upside, above 0.9566 […]