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Daily Pivots: (S1) 0.9656; (P) 0.9672; (R1) 0.9703; More.. Intraday bias in EUR/CHF stays on the upside with focus on 0.9683 resistance. Sustained break there will carry larger bullish implication and target 0.9773 fibonacci resistance. On the downside, though, break of 0.9618 support will indicate short term topping. In this case, intraday bias will be […]

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09/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 156.92; (P) 158.30; (R1) 159.14; More…. Intraday bias in EUR/JPY remains at this point. Fall from 163.86 is in progress for retesting 154.40 low. Firm break there will resume whole decline from 175.41 to 153.15 support. On the upside, above 160.01 support turned resistance will turn intraday bias neutral first. In the […]
22/06/2024

AUD/USD Weekly Report

AUD/USD’s consolidation from 0.6713 continued last week and outlook is unchanged. Initial bias stays neutral this week first. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance next. However, sustained […]
05/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3610; (P) 1.3648; (R1) 1.3679; More… Intraday bias in USD/CAD remains neutral first. Break of 1.3589 will resume the corrective fall from 1.3845 to 100% projection of 1.3845 to 1.3589 from 1.3790 at 1.3534. Strong support would be seen there to bring rebound. On the upside, above 1.3686 minor resistance will turn […]