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Daily Pivots: (S1) 0.6596; (P) 0.6617; (R1) 0.6655; More… AUD/USD’s rally from 0.6438 is still in progress and intraday bias stays on the upside. With break of 55 D EMA (now at 0.6612), next target is 0.6798 resistance. On the downside, below 0.6564 minor support will turn intraday bias neutral first. In the bigger picture, […]

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07/02/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9340; (P) 0.9361; (R1) 0.9375; More… Intraday bias in EUR/CHF is mildly on the upside with breach of 0.9363 minor resistance. Pull back from 0.9471 could have completed at 0.9304 already. Rise from there would extend to 0.9471 resistance first. On the downside, break of 0.9304 will resume the fall from 0.9471 […]
13/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.76; (P) 161.01; (R1) 161.25; More… Intraday bias in EUR/JPY remains on the upside for 161.84 resistance. Firm break there will rebound whole rise from 153.15 to retest 161.84. For now, further rally is expected as long as 158.06 support holds, in case of retreat. In the bigger picture, price actions from […]
28/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1050; (P) 1.1086; (R1) 1.1144; More… Intraday bias in EUR/USD remains on the upside at this point. Current rally from 1.0447 is in progress for retesting 1.1274 high. Strong resistance should be seen from there to limit upside, at least on first attempt. On the downside, below 1.1027 minor support will turn […]