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Daily Pivots: (S1) 1.6348; (P) 1.6400; (R1) 1.6431; More.. Intraday bias in EUR/AUD stays on the downside at this point. Break of 100% projection of 1.6742 to 1.6439 from 1.6677 at 1.6374 will pave the way to 161.8% projection at 1.6187 next. For now, risk will stay on the downside as long as 1.6503 resistance […]

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USD/CHF Daily Outlook

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22/07/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8413; (P) 0.8423; (R1) 0.8438; More…. Intraday bias in EUR/GBP stays mildly on the upside as stronger rebound could be seen in EUR/GBP to 55 D EMA (now at 0.8473). Nevertheless, outlook will stay bearish as long as 0.8498 resistance holds, and larger down trend should resume through 0.8382 at a later […]
15/02/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8842; (P) 0.8864; (R1) 0.8880; More…. Intraday bias in USD/CHF is turned neutral with current retreat, and some consolidations would be seen first. Downside should be contained by 0.8727 resistance turned support to bring another rally. On the upside, above 0.8884 will resume the rise from 0.8332 to 100% projection of 0.8332 […]
15/01/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6666; (P) 0.6698; (R1) 0.6717; More… Intraday bias in AUD/USD remains neutral at this point. Further decline is expected as long as 0.6759 minor resistance holds. Firm break of 0.6639 will resume the fall from 0.6870 to 61.8% retracement of 0.6269 to 0.6870 at 0.6497 next. On the upside, break of 0.6759 […]