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Daily Pivots: (S1) 0.6576; (P) 0.6606; (R1) 0.6640; More… Intraday bias in AUD/USD stays neutral as consolidations continue below 0.6642 temporary top. 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. In the bigger picture, overall, price actions from 0.6169 (2022 low) […]

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09/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8593; (P) 0.8634; (R1) 0.8707; More… While USD/CHF’s recovery from 0.8431 extends but upside is limited below 0.8711 resistance. Intraday bias remains neutral and further decline is still expected. On the downside, below 0.8559 minor support will bring retest of 0.8431 first. Break there will resume the fall from 0.9223 to retest […]
28/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6046; (P) 1.6081; (R1) 1.6135; More… Intraday bias in EUR/AUD is turned neutral first with current recovery. Some more consolidations could be seen first, but outlook will stay bearish as long as 1.6211 resistance holds. Below 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there […]
08/11/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8698; (P) 0.8736; (R1) 0.8762; More… Intraday bias in USD/CHF remains neutral fro consolidations below 0.9773 temporary top. Further rally is still expected as long as 0.8614 support holds. Above 0.8773 will resume the rise from 0.8374 for 61.8% retracement of 0.9223 to 0.8374 at 0.8899 next. In the bigger picture, price […]