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Daily Pivots: (S1) 0.6284; (P) 0.6308; (R1) 0.6336; More… Intraday bias in AUD/USD is turned neutral first with today’s dip. Corrective rebound from 0.6130 could still extend through 0.6329 and 55 D EMA (now at 0.6347). But strong resistance is expected from 38.2% retracement of 0.6941 to 0.6130 at 0.6440 to limit upside to complete […]

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14/01/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9150; (P) 0.9176; (R1) 0.9196; More… USD/CHF retreated ahead of 0.9223 key resistance and intraday bias is turned neutral for some consolidations. Near term outlook will stay bullish as long as 0.9007 support holds, in case of deep retreat. On the upside, decisive break of 0.9223 will carry larger bullish implications. In […]
08/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3300; (P) 1.3349; (R1) 1.3411; More… Further rise is in favor in USD/CAD with 1.3286 minor support intact. Current rise from 1.3176 short term bottom would target 38.2% retracement of 1.3897 to 1.3176 at 1.3451. Firm break there will pave the way to 61.8% retracement at 1.3622. On the downside, however, break […]
16/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1063; (P) 1.1083; (R1) 1.1095; More…. EUR/USD’s rebound from 1.1001 extends higher today but stays below 1.1153 resistance. Intraday bias remains neutral first. On the upside, break of 1.1153 resistance will suggest that later rally is ready to resume and target 1.1200, and then 1.1274 high. On the downside, below 1.1072 minor […]