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Daily Pivots: (S1) 0.6459; (P) 0.6482; (R1) 0.6509; More… AUD/USD’s fall from 0.6941 resumed by breaking through 0.6433 support today. Intraday bias is back on the downside for 0.6348 support. Break there will target 0.6269 low next. On the upside, above 0.6503 minor resistance will turn intraday bias neutral again first. In the bigger picture, […]

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18/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8857; (P) 0.8883; (R1) 0.8906; More… Intraday bias in USD/CHF remains neutral for consolidations below 0.8916. Outlook will stay bullish as long as 0.8773 resistance turned support holds. On the upside, break of 0.8916 and sustained trading above 61.8% retracement of 0.9223 to 0.8374 at 0.8899 will pave the way back to […]
11/11/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 152.07; (P) 152.72; (R1) 153.30; More… USD/JPY recovers notably today but stays below 154.70 temporary top. Intraday bias remains neutral at this point. Further rise is expected as long as 151.27 support holds. Above 154.70 will resume the rally from 139.57 towards 161.94 high. However, considering bearish divergence condition in 4H MACD, […]
07/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6370; (P) 1.6427; (R1) 1.6493; More… EUR/AUD is staying in consolidation from 1.6267 and intraday bias remains neutral at this point. Outlook stays bearish as long as 55 D EMA (now at 1.6593) holds. On the downside, break of 1.6267 will resume larger decline from 1.7062 to 100% projection of 1.7062 to […]