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Daily Pivots: (S1) 0.8446; (P) 0.8480; (R1) 0.8512; More… No change in USD/CHF’s outlook as range trading continues. Intraday bias remains neutral at this point. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, considering bullish convergence condition […]

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27/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9134; (P) 0.9146; (R1) 0.9160; More…. Intraday bias in USD/CHF remains neutral for the moment. Current development suggests that pull back from 0.9223 has completed already. Above 0.9157 will bring retest of 0.9223. However, break of 0.9077 support will bring retest of 0.8987. Break there will resume the fall from 0.9223 to […]
20/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6072; (P) 1.6109; (R1) 1.6137; More… Intraday bias in EUR/AUD stays on the downside for the moment. Current down trend should target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. On the upside, above 1.6148 minor resistance will turn intraday bias neutral and bring consolidations again, before staging another decline. […]
15/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0905; (P) 1.0957; (R1) 1.1044; More… Intraday bias in EUR/USD stays on the upside for 1.1016 resistance. Decisive break there will will confirm resumption of whole rally from 1.0447. Further rally should then be seen to retest 1.1274 high. On the downside, below 1.0914 minor support will turn intraday bias neutral first. […]