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Daily Pivots: (S1) 0.6499; (P) 0.6517; (R1) 0.6528; More… Intraday bias in AUD/USD stays neutral for the moment, and further decline is expected with 0.6594 resistance intact. On the downside, below 0.6486 will target a retest on 0.6442 first. Firm break there will resume whole decline from 0.6870 for 61.8% projection of 0.6870 to 0.6442 […]

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07/02/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8669; (P) 0.8694; (R1) 0.8731; More…. Break of 0.8272 resistance suggest that USD/CHF’s rebound from 0.8332 is resuming. Intraday bias is back on the upside. Further rally should be seen to 61.8% retracement of 0.9243 to 0.8332 at 0.8995 next. On the downside, below 0.8689 minor support will turn intraday bias neutral […]
12/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6491; (P) 1.6528; (R1) 1.6558; More… Range trading continues in EUR/AUD and intraday bias remains neutral. On the downside, decisive break of 1.6450 support will argue that whole rebound from 1.6127 has completed with three waves up to 1.6742 already. Near term outlook will be turned bearish for 1.6127 again, to extend […]
23/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6615; (P) 0.6658; (R1) 0.6686; More… Intraday bias in AUD/USD as fall from 0.6798 continues to accelerate lower. Sustained trading below 38.2% retracement of 0.6361 to 0.6798 at 0.6631 will raise the chance of near term bearish reversal. Next target will be 61.8% retracement at 0.6528. On the upside, above 0.6679 minor […]