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Daily Pivots: (S1) 0.6766; (P) 0.6782; (R1) 0.6807; More… Intraday bias in AUD/USD remains neutral as consolidation form 0.6823 is extending. Deeper fall might be seen but downside should b contained by 0.6696 support to bring rebound. Above 0.6823 will target 0.6870 resistance next. However, break of 0.6696 support will indicate short term topping, on […]

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24/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0669; (P) 1.0695; (R1) 1.0719; More…. Intraday bias in EUR/USD remains neutral first and consolidation from 1.0667 could extend. But further fall is expected with 1.0760 resistance intact. Decline from 1.0915 is seen as another leg in the larger corrective pattern. Break of 1.0667 will target 1.0601 and below. In the bigger […]
25/03/2024

EUR/JPY Weekly Outlook

EUR/JPY’s up trend resumed last week and surged to 165.33. But as a temporary top was formed with subsequent retreat, initial bias stays neutral this week for more consolidations. Downside should be contained by 55 4H EMA (now at 163.23) to bring rebound. On the upside, break of 165.33 will resume larger up trend to […]
17/09/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8426; (P) 0.8457; (R1) 0.8479; More… Intraday bias in USD/CHF remains neutral as range trading continues. With 0.8548 resistance intact, further decline is still expected. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, considering […]