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Daily Pivots: (S1) 1.6107; (P) 1.6227; (R1) 1.6291; More… EUR/AUD’s fall from 1.6598 is in progress and intraday bias stays on the downside. Break of 1.6132 will target 1.5996 key support again. Strong support could be seen there to bring rebound. ON the upside, above 1.6356 minor resistance will turn intraday bias neutral again first. […]

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10/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 157.42; (P) 157.73; (R1) 158.24; More… Intraday bias in EUR/JPY stays neutral at this point, and further rally is in favor with 155.06 support intact. On the upside, above 158.97 will resume the rebound from 153.15 to 100% projection of 153.15 to 158.55 from 155.06 at 160.46. In the bigger picture, price […]
01/11/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3902; (P) 1.3923; (R1) 1.3956; More… Intraday bias in USD/CAD remains on the upside and further rise would be seen to retest 1.3946/76 resistance zone. Decisive break there will confirm larger up trend resumption. On the downside, below 1.3875 minor support will turn intraday bias and bring consolidations first. In the bigger […]
08/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9061; (P) 0.9078; (R1) 0.9100; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.9005 is extending. Further decline is in favor as long as 55 4H EMA (now at 0.9099) holds. On the downside, break of 0.9005 and sustained trading below 55 D EMA (now at 0.9000) will bring deeper […]