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Daily Pivots: (S1) 0.8622; (P) 0.8646; (R1) 0.8659; More… USD/CHF is still extending consolidation from 0.8699 and intraday bias remains neutral. Further rally remains in favor as long as 55 D EMA (now at 0.8609) holds. On the upside, decisive break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall from […]

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EUR/USD Mid-Day Outlook

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EUR/CHF Weekly Outlook

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16/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.76; (P) 148.58; (R1) 150.09; More… Immediate focus stays on 38.2% retracement of 161.94 to 141.67 at 149.41. Decisive break there will bring stronger rally to 61.8% retracement at 154.19, even as a corrective move. On the downside, break of 146.06 minor support will suggest rejection by 149.91, and turn intraday bias […]
06/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8901; (P) 0.8925; (R1) 0.8959; More…. Intraday bias in USD/CHF stays neutral and outlook is unchanged. Strong rebound from current level, followed by break of 0.8987 support turned resistance, will suggest that correction from 0.9223 has completed, and retain near term bullishness. However, sustained break of 0.8883 fibonacci level will carry larger […]
14/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6460; (P) 1.6512; (R1) 1.6547; More… No change in EUR/AUD’s outlook as sideway trading continues. Intraday bias stays neutral at this point. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen […]