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Daily Pivots: (S1) 1.6172; (P) 1.6214; (R1) 1.6242; More… Intraday bias in EUR/AUD Is mildly on the downside at this point. Rebound from 1.6002 could have completed at 1.6351. Deeper fall would be seen back to retest 1.6002 low. On the upside, though, above 1.6351 will resume the rebound from 1.6002 to 38.2% of 1.7180 […]

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15/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.02; (P) 161.81; (R1) 163.02; More… Intraday bias in EUR/JPY stays neutral and outlook remains bearish with 38.2% retracement of 175.41 to 154.40 at 162.42 intact. On the downside, below 157.71 minor support will bring retest of 154.40 first. Break there will resume the fall from 175.41 to 153.15 support next. However, […]
16/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0783; (P) 1.0804; (R1) 1.0842; More… Intraday bias in EUR/USD remains on the upside for the moment. Current rise from 1.0601 is in progress for 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed already. On the downside, below 1.0833 minor support will turn intraday bias neutral […]
08/02/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8706; (P) 0.8730; (R1) 0.8770; More…. USD/CHF’s rally from 0.8332 resumed after brief retreat, and intraday bias is back on the upside. Further rally should be seen to 61.8% retracement of 0.9243 to 0.8332 at 0.8995 next. On the downside, break of 0.8550 support is needed to indicate completion of the rebound. […]