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Daily Pivots: (S1) 0.8557; (P) 0.8573; (R1) 0.8590; More… USD/CHF trades mildly higher in Asian session but stays below 0.8611 temporary top. Intraday bias remains neutral First. further rally is expected as long as 0.8529 minor support holds. Above 0.8611 will resume the rebound from 0.8374 short term bottom to 38.2% retracement of 0.9223 to […]

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03/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3554; (P) 1.3569; (R1) 1.3581; More… Intraday bias in USD/CAD remains neutral as range trading continues. On the upside, decisive break of 1.3612 resistance will resume whole rise from 1.3176 towards 1.3897 resistance. On the downside, firm break of 1.3419 support will argue that rebound from 1.3176 has completed. Near term outlook […]
27/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.94; (P) 164.17; (R1) 164.39; More… Intraday bias in EUR/JPY remains neutral for consolidations below 165.33. Downside of current retreat should be contained by 55 4H EMA (now at 163.57) to bring rebound. On the upside, break of 165.33 will resume larger up trend to 61.8% projection of 153.15 to 163.70 from […]
28/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6187; (P) 1.6247; (R1) 1.6324; More… Intraday bias in EUR/AUD stays neutral first. On the upside, firm break of 1.6359 resistance will be the first sign of bullish reversal and target 1.6598 resistance for confirmation. On the downside, though, below 1.6125 minor support will bring retest of 1.5963 low. In the bigger […]