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Daily Pivots: (S1) 0.8633; (P) 0.8667; (R1) 0.8686; More… USD/CHF rebounded strongly after drawing support from 55 4H EMA (now at 0.8649), but stays below 0.8699 temporary top. Intraday bias remains neutral first. Further rally remains in favor as long as 55 D EMA (now at 0.8603) holds. On the upside, decisive break of 38.2% […]

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EUR/CHF Daily Outlook

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EUR/AUD Daily Outlook

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20/02/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8543; (P) 0.8552; (R1) 0.8565; More… No change in EUR/GBP and intraday bias remains neutral for the moment. On the downside, break of 0.8497 will resume recent fall to 0.8464 projection level. However, considering bullish convergence condition in 4H MACD, sustained break of 0.8571 will confirm short term bottoming, and turn bias […]
20/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6210; (P) 1.6259; (R1) 1.6288; More… Intraday bias in EUR/AD is back on the downside with breach of 1.6216 support. Current fall from 1.6742 is seen as the third leg of the corrective pattern from 1.7062. Deeper fall would be seen to 1.6127 support, or further to 100% projection of 1.7062 to […]
12/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 141.20; (P) 141.87; (R1) 143.04; More… Intraday bias in USD/JPY is turned neutral with current recovery and some consolidations would be seen first. But further decline is expected as long as 147.20 resistance holds. Break of 140.70 will resume the fall from 161.94 to 140.25 support, and possibly to 139.26 fibonacci level […]