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Daily Pivots: (S1) 0.6826; (P) 0.6839; (R1) 0.6860; More… Intraday bias in AUD/USD remains on the upside, as rise from 0.6269 is in progress for 0.6894 resistance first. Sustained break there will target 0.7156 next. On the downside, below 0.6796 minor support will turn intraday bias neutral first. But outlook will remain bullish as long […]

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USD/CAD Daily Outlook

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20/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9432; (P) 0.9461; (R1) 0.9483; More… Intraday bias in EUR/CHF remains neutral as consolidation from 0.9402 could extend further. But still, deeper decline is expected with 0.9543 resistance intact. On the downside, firm break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from […]
18/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0595; (P) 1.0625; (R1) 1.0648; More… Intraday bias in EUR/USD stays neutral as this point as consolidation from 1.0601 is extending. While stronger recovery cannot be ruled out, upside should be limited by 1.0723 support turned resistance. On the downside, break of 1.0601 will resume the decline from 1.1138 to 100% projection […]
25/03/2024

EUR/USD Weekly Outlook

EUR/USD’s fall from 1.0980 continued last week and the strong break of 55 D EMA suggest that rebound from 1.0694 has completed. Initial bias stays on the downside for retesting 1.0694 first. Break there will resume the decline from 1.1138 and target 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536. On the upside, […]