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Daily Pivots: (S1) 0.8496; (P) 0.8515; (R1) 0.8541; More….. Intraday bias in USD/CHF stays on the downside despite loss of momentum. Fall from 0.8747 is in progress for retesting 0.8431. Firm break there will resume whole decline from 0.9223 towards 0.8332 low. On the upside, above 0.8560 minor resistance will turn intraday bias neutral first. […]

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EUR/USD Daily Outlook

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29/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0816; (P) 1.0851; (R1) 1.0889; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen above 1.0812. Further decline is mildly in favor as long as 1.0931 resistance holds. On the downside, break of 1.0812 will resume the fall from 1.1138 to 1.0722 support. On the upside, above 1.0931 […]
03/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9050; (P) 0.9071; (R1) 0.9100; More…. Intraday bias in USD/CHF stays on the upside at this point. Current rally is in progress for 0.9243 key resistance next. On the downside, break of 0.9005 support is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of retreat. In the […]
27/01/2024

EUR/AUD Weekly Outlook

EUR/AUD’s corrective pull back continued last week and outlook is unchanged. Initial bias remains neutral this week first. Further rally is expected as long as 1.6398 support holds. Corrective fall from 1.7062 should have completed with three waves down to 1.6127 already. Above 1.6671 will target 1.6844 resistance to confirm this bullish case. However, break […]