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AUD/USD’s fall from 0.6666 extended last week and confirm short term topping. Initial bias remains on the downside for 0.6476 support first. Break there will argue that decline from 0.6870 is ready to resume through 0.6442 low. On the upside, break of 0.6629 minor resistance will turn bias back to the upside to extend the […]

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AUD/USD Daily Report

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27/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0658; (P) 1.0688; (R1) 1.0710; More…. Intraday bias in EUR/USD remains neutral and consolidation from 1.0667 could extend. But still, outlook stays bearish with 1.0760 resistance intact. Decline from 1.0915 is seen as another leg in the larger corrective pattern. Break of 1.0667 will target 1.0601 and below. However, firm break of […]
06/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9578; (P) 0.9598; (R1) 0.9611; More… EUR/CHF is losing some upside momentum but intraday bias stays on the upside for now. Current rise from 0.9252 should target 161.8% projection of 0.9252 to 0.9471 from 0.9304 at 0.9658 next. On the downside, below 0.9553 minor support will turn intraday bias neutral and bring […]
16/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6523; (P) 1.6635; (R1) 1.6710; More… No change in EUR/AUD’s outlook as range trading continues. Intraday bias remains neutral and further rise is in favor with 1.6474 support intact. On the upside, above 1.6798 minor resistance will bring retest of 1.7180 resistance first. Firm break there will resume larger up trend to […]