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Daily Pivots: (S1) 1.3448; (P) 1.3527; (R1) 1.3572; More… USD/CAD reversed after edging higher to 1.3612, but stays above 1.3419 support. Intraday bias remains neutral first. On the downside, firm break of 1.3419 support will argue that rebound from 1.3176 has completed. Near term outlook will be turned bearish for 1.3357 support first. On the […]

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29/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6515; (P) 0.6535; (R1) 0.6554; More… Intraday bias in AUD/USD remains on the upside as rise from 0.6361 short term bottom is in progress. Fall from 0.6870 might have completed at 0.6361 already. Further rally would be seen to 0.6643 resistance next. On the downside, below 0.6516 minor support will turn intraday […]
10/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6546; (P) 0.6613; (R1) 0.6648; More… AUD/USD is still holding on to 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) despite current deep pull back. Intraday bias remains neutral for the moment. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance next. […]
09/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8954; (P) 0.8966; (R1) 0.8987; More… Intraday bias in USD/CHF stays neutral for the moment. As noted before, rebound from 0.8825 could have completed at 0.9049, after rejection by falling channel resistance. Below 0.8942 will bring deeper fall to 0.8825 support. Nevertheless, break of 0.9049 will revive near term bullishness and resume […]