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Daily Pivots: (S1) 162.17; (P) 162.41; (R1) 162.86; More… EUR/JPY’s rally is in progress and intraday bias stays on the upside. Current rise from 153.15 is in progress for retesting 164.29 high. On the downside, however, below 161.93 minor support will turn intraday bias neutral and bring consolidations, before staging another rally. In the bigger […]

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EUR/USD Weekly Outlook

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13/04/2024

EUR/AUD Weekly Outlook

EUR/AUD’s fall from 1.6742 extended to 1.6368 last week before turning sideway. Initial bias stays neutral this week first, but risk will stay on the downside as long as 1.6516 resistance holds. On the downside, below 1.6368 will resume the fall from 1.6742 towards 1.6127 low. Nevertheless, break of 1.6516 will turn bias back to […]
23/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6423; (P) 0.6439; (R1) 0.6465; More… AUD/USD’s recovery from 0.6361 continues today but stays below 0.6480 support turned resistance. Intraday bias remains neutral first. Upside is still expected to be limited by 0.6480 support turned resistance to bring another decline. On the downside, break of 0.6361 will resume the fall from 0.6870 […]
09/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8593; (P) 0.8634; (R1) 0.8707; More… Intraday bias in USD/CHF remains neutral for the moment and further decline is still expected. On the downside, below 0.8559 minor support will bring retest of 0.8431 first. Break there will resume the fall from 0.9223 to retest 0.8332 low. However, sustained break of 0.8711 will […]