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Daily Pivots: (S1) 0.6596; (P) 0.6617; (R1) 0.6655; More… A temporary top should be in place at 0.6642 in AUD/USD with the current retreat and intraday bias is turned neutral for some consolidations. Further rally is expected as long as 0.6506 support holds. Above 0.6442 will extend the rebound from 0.6348 to 0.6798 resistance next. […]

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EUR/USD Mid-Day Outlook

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EUR/USD Daily Outlook

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02/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9014; (P) 0.9036; (R1) 0.9066; More…. Intraday bias in USD/CHF remains neutral at this point. Further rally is expected as long as 0.8964 support holds. Firm break of 0.9070 will resume larger rise from 0.8332 towards 0.9243 key resistance next. In the bigger picture, price actions from 0.8332 medium term bottom as […]
21/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0846; (P) 1.0865; (R1) 1.0877; More… EUR/USD is still bounded in consolidations below 1.0894 and intraday bias stays neutral. Further rally is expected as long as 1.0810 resistance turned support holds. Break of 1.0894 will resume the rise to 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has […]
04/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0788; (P) 1.0812; (R1) 1.0861; More… Break of 1.0834 support turned resistance argues that fall from 1.0980 has completed with three waves down to 1.0723. Rise from there is currently seen as the third leg of the corrective pattern from 1.0694. Intraday bias is back on the upside for 1.0941/0980 resistance zone. […]