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Daily Pivots: (S1) 0.6430; (P) 0.6488; (R1) 0.6520; More… Intraday bias in AUD/USD remains on the downside for 0.6442 support. Decisive break there confirm resumption of the fall from 0.6870 and target 61.8% projection of 0.6870 to 0.6442 from 0.6643 at 0.6378. On the upside, above 0.6498 resistance will turn intraday bias and bring consolidations. […]

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EUR/USD Mid-Day Outlook

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08/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8757; (P) 0.8793; (R1) 0.8813; More…. Immediate focus is now on 0.8741 support in USD/CHF. Decisive break there will argue that whole rebound from 0.8332 has completed at 0.8891. Deeper fall would then be seen back to 0.8550 support next. Nevertheless, strong bounce from current level will retain near term bullishness for […]
11/05/2024

EUR/JPY Weekly Outlook

EUR/JPY’s rebound last week suggest that pullback from 171.58 has completed at 164.01 already. Initial bias stays on the upside this week for 168.64 resistance, as the second leg of the corrective pattern from 171.58. On the downside, break of 166.73 minor support will turn bias back to the downside to start the third leg. […]
29/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6352; (P) 1.6417; (R1) 1.6454; More… Intraday bias in EUR/AUD remains on the downside as fall from 1.7180 is extending. Rise from 1.5996 could have completed at 1.7180 already, and deeper fall would be seen back towards this support. On the upside, though, above 1.6580 resistance will turn bias back to the […]