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Daily Pivots: (S1) 1.6575; (P) 1.6615; (R1) 1.6650; More… Intraday bias in EUR/AUD remains neutral at this point as consolidation from 1.6692 is extending. Overall, further rally is expected as long as 1.6450 support holds. Current development suggests that whole correction from 1.7062 should have completed with three waves down to 1.6127. Break of 1.6692 […]

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EUR/AUD Weekly Outlook

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EUR/USD Mid-Day Outlook

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20/02/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8802; (P) 0.8819; (R1) 0.8841; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.8884 is still extending. Further rally is expected as long as 0.8727 resistance turned support holds. On the upside, break of 0.8885 will resume the rise from 0.8332 and target and 100% projection of 0.8332 to 0.8727 […]
20/04/2024

AUD/USD Weekly Report

AUD/USD fell to as low as 0.6361 last week as down trend resumed, but recovered since then. Initial bias is turned neutral this week for consolidations first. Upside should be limited by 0.6480 support turned resistance to bring another decline. Break of 0.6361 will resume the fall from 0.6870 to 100% projection of 0.6870 to […]
31/05/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8995; (P) 0.9070; (R1) 0.9110; More…. Intraday bias in USD/CHF remains on the downside for the moment. Fall from 0.9157 is seen as the third leg of the pattern from 0.9223. Deeper fall would be seen to 0.8987 support. Break will target 100% projection of 0.9223 to 0.8987 from 0.9157 at 0.8921. […]