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Daily Pivots: (S1) 155.71; (P) 156.59; (R1) 157.34; More.. Intraday bias in EUR/JPY remains neutral as range trading continues inside 153.15/158.55. On the upside, above 158.55 will resume the rebound from 153.15. On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In the […]

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EUR/AUD Daily Outlook

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08/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3433; (P) 1.3480; (R1) 1.3505; More… Immediate focus is now on 1.3439 in USD/CAD with current decline. Decisive break there will argue that rebound from 1.3176 has completed as a corrective move to 1.3605. Near term outlook will be turned bearish for 1.3357 support first. On the upside, though, break of 1.3524 […]
11/04/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9792; (P) 0.9807; (R1) 0.9821; More… EUR/CHF is still extending the consolidation form 0.9847 and intraday bias stays neutral. Near term outlook will remain bullish as long as 0.9709 support holds. Break of 0.9847 will resume larger rise from 0.9252. However, considering bearish divergence condition in 4H MACD, break of 0.9709 will […]
04/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6346; (P) 1.6403; (R1) 1.6510; More… While EUR/AUD’s rebound from 1.6256 extended, upside is capped below 1.6580 resistance so far. Intraday bias remains neutral and fall from 1.7180 is still in favor to continue. On the downside, break of 1.6256 support will target 1.5996 key support level next. However, decisive break of […]