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Daily Pivots: (S1) 0.9418; (P) 0.9430; (R1) 0.9446; More… EUR/CHF’s rally extends today, and it’s now pressing 0.9471 resistance. Intraday bias stays on the upside. Firm break of 0.9471 will confirm resumption of whole rebound from 0.9252. Next target is 100% projection of 0.9252 to 0.9471 from 0.9304 at 0.9523. On the downside, below 0.9428 […]

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28/03/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0813; (P) 1.0826; (R1) 1.0841; More… Intraday bias in EUR/SD remains neutral a this point. Risk will stay on the downside as long as 55 4H EMA (now at 1.0848) holds. Below 1.0801 will resume the fall from 1.0980 to retest 1.0694 first. Break there will resume the decline from 1.1138 and […]
13/01/2024

EUR/AUD Weekly Outlook

EUR/AUD’s rebound from 1.6127 short term bottom extended higher last week, but failed to break through 1.6478 resistance and retreated. Initial bias is neutral this week first, but further rise is in favor as long as 1.16278 minor support holds. On the upside, firm break of 1.6478 will argue that whole correction from 1.7062 has […]
28/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 160.43; (P) 160.63; (R1) 160.98; More… Intraday bias in USD/JPY is turned neutral again with current retreat. Some consolidations could be seen first and deeper pullback cannot be ruled out. But near term outlook will remain bullish as long as 157.70 resistance turned support holds. break of 161.27 will resume larger up […]