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Daily Pivots: (S1) 0.9011; (P) 0.9038; (R1) 0.9064; More…. Intraday bias in USD/CHF is back on the upside with break of 0.9094 resistance. Current rise is part of the whole rally from 0.8332. Next target is 161.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.8818. For now, near term outlook will stay bullish as […]

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01/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6532; (P) 1.6562; (R1) 1.6598; More… Range trading continues in EUR/AUD and intraday bias remains neutral. Near term outlook will stays cautiously bullish as long as 1.6439 support holds. On the upside, above 1.6677 will target 1.6742 first. Decisive break there will resume whole rise from 1.6127 and target 1.6844 resistance next. […]
30/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0803; (P) 1.0827; (R1) 1.0858; More… No change in EUR/USD’s outlook. Further decline is expected with 1.0931 resistance intact. Fall from 1.1138 should target 1.0722 support next. Decisive break there will argue that whole rise from 1.0447 has completed, and target this low. However, on the upside, break of 1.0931 will turn […]
31/08/2024

AUD/USD Weekly Report

AUD/USD edged higher to 0.6823 last week but lost momentum and retreated. Initial bias is turned neutral this week for consolidations. Break of 0.6283 will target 0.6870 resistance. Firm break there will target 100% projection of 0.6269 to 0.6870 from 0.6348 at 0.6949. However, break of 0.6696 support will indicate short term topping, on bearish […]