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Daily Pivots: (S1) 1.6572; (P) 1.6626; (R1) 1.6692; More… Intraday bias in EUR/AUD remains on the upside for retesting 1.6742 resistance first. Decisive break there will resume whole rise from 1.6127 and target 1.6844 resistance next. For now, near term outlook will remain cautiously bullish as long as 1.6439 support holds, in case of retreat. […]

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EUR/USD Mid-Day Outlook

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26/08/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8451; (P) 0.8497; (R1) 0.8522; More….. USD/CHF’s fall from 0.8747 is in progress and intraday bias stays on the downside for retesting 0.8431 support. Firm break there will resume whole decline from 0.9223 towards 0.8332 low. On the upside, above 0.8540 minor resistance will turn intraday bias neutral. But risk will stay […]
10/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.12; (P) 155.54; (R1) 155.91; More… No change in USD/JPY’s outlook and intraday bias stays mildly on the upside. Rebound from 151.86 is seen as the second leg of the corrective pattern from 160.20 high. Further rise would be seen to 157.98 resistance. On the downside, below 154.23 minor support will turn […]
09/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2692; (P) 1.2729; (R1) 1.2786; More… Intraday bias in GBP/USD remains neutral as range trading continues below 1.2826. On the upside, decisive break of 1.2826 high will resume whole rally from 1.2036. Nevertheless, another fall and break of 1.2611 will bring deeper correction to 1.2499 support instead. In the bigger picture, price […]