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EUR/AUD stayed in consolidation above 1.6211 short term bottom last week. Initial bias stays neutral this week and more sideway trading could be seen. On the downside, firm break of 1.6211 support will resume the whole decline from 1.6742, as the third leg of the correction from 1.7062. On the upside, above 1.6403 will resume […]

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EUR/USD Mid-Day Outlook

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EUR/USD Weekly Outlook

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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. […]
20/05/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9062; (P) 0.9080; (R1) 0.9110; More…. No change in USD/CHF’s outlook and intraday bias stays neutral. On the upside, firm break of 0.9101 will argue that corrective fall from 0.9223 has completed with three waves down to 0.8987 already. Further rise should then be seen to retest 0.9223. On the downside, though, […]
24/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0812; (P) 1.0864; (R1) 1.0906; More… EUR/USD’s breach of 1.0843 temporary low suggests that fall from 1.1138 is resuming. Intraday bias is back on the downside for 1.0722 support first. Decisive break there will argue that whole rise from 1.0447 has completed, and target this low. Nevertheless, on the upside, firm break […]