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Daily Pivots: (S1) 0.9446; (P) 0.9459; (R1) 0.9472; More… Intraday bias in EUR/CHF is turned neutral with current retreat. Some consolidations could be seen but further rally is expected as long as 0.9404 minor support holds. Above 0.9471 will resume the rebound from 0.9252, as a correction to whole decline from 1.0095. Next target will […]

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08/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.15; (P) 159.80; (R1) 161.91; More… Intraday bias in EUR/JPY stays neutral at this point, and outlook remains bearish with 162.87 resistance intact. On the downside, below 157.71 minor support will turn bias back to the downside. Break of 154.40 will resume the fall from 175.41 to 153.15 support next. However, decisive […]
21/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6710; (P) 0.6744; (R1) 0.6765; More… Further rally is in favor in AUD/USD as long as 0.6689 support holds. Rise from 0.6269 would target 0.6894 resistance first. Sustained break there will target 0.7156 next. Nevertheless, break of 0.6689 will indicate short term topping, and turn bias back to the downside for deeper […]
02/02/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9295; (P) 0.9329; (R1) 0.9351; More… EUR/CHF’s fall from 0.9471 is trying to resume and intraday bias is back on the downside. While deeper decline could be seen, strong support is still expected above 0.9252 low to bring rebound. On the upside, above 0.9363 minor resistance will turn bias back to the […]