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Daily Pivots: (S1) 0.8679; (P) 0.8729; (R1) 0.8768; More…. USD/CHF recovered ahead of 0.8665 support and intraday bias is turned neutral first. Risk will stay on the downside as long as 0.8819 resistance holds. On the downside, firm break of 0.8665 will resume the whole fall from 0.9243 to 0.8551 key support level. In the […]

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19/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 157.36; (P) 157.87; (R1) 158.69; More…. EUR/JPY’s break of 158.71 minor resistance suggests that fall form 163.89 has completed at 155.14 already. Rebound from there is seen as the third leg of the corrective pattern from 154.40. Intraday bias is back on the upside for 163.89, and possibly further to 61.8% retracement […]
04/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6474; (P) 1.6519; (R1) 1.6548; More.. Immediate focus is now on 1.6439 support in EUR/AD with current fall. Firm break there will argue that whole rebound from 1.6127 has completed, and turn near term outlook bearish for this support again. Nevertheless, strong rebound from current level, followed by break of 1.6561 minor […]
05/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9568; (P) 0.9595; (R1) 0.9634; More… EUR/CHF’s rally from 0.9252 is in progress and intraday bias stays on the upside for 161.8% projection of 0.9252 to 0.9471 from 0.9304 at 0.9658 next. On the downside, below 0.9553 minor support will turn intraday bias neutral and bring consolidations first, before staging another rise. […]